News In Brief

Reagan's '85 budget plan puts deficit at $180 billion

President Reagan will send Congress a fiscal 1985 budget that calls for $926 billion in federal spending and a $180 billion deficit, congressional sources said Tuesday.

The budget blueprint, to be sent to Congress today, calls for a cut of $5 billion in social spending, down from the $8.4 billion reduction contained in an earlier draft. The difference reflects pressure on the President from Republican lawmakers to go easy on social programs during this election year.

You've read  of  free articles. Subscribe to continue.
QR Code to News In Brief
Read this article in
QR Code to Subscription page
Start your subscription today