The White House and Congress are drawing budget battle lines
Most politicians quickly came to the same conclusion about the collective "message" delivered on Election Day. The voters wanted a pragmatic, bipartisan approach to high unemployment, cuts in defense spending and a smaller federal deficit. Last week it became clear that President Reagan had heard a different message. Sketching out his proposed fiscal 1984 budget, Reagan has tentatively decided to call for more severe cuts in social spending, while leaving the Pentagon's budget essentially intact. Instead of forgoing his supply-side tax cuts...
To continue reading:
or
Log-In
