A Budget That Will Barely Budge

Reagan says that he may compromise, but not very much

"Suggest something and we'll take a look at it." So said Ronald Reagan at his press conference last week, in what seemed a conciliatory, almost inviting gesture. For members of Congress traumatized by the prospect of enacting the President's fiscal 1983 budget, which projects a $91.5 billion deficit despite more politically painful spending cuts, Reagan's coy hint of compromise was in welcome contrast to his previous "put up or shut up" attitude toward critics. Nonetheless, the President insisted, there should be no tampering with...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!