THE NEW BUDGET

The President's `bargaining budget' proposes to spend $974 billion -- and leave a $180 billion deficit. For the first time since 1981, Mr. Reagan is asking for major cuts in programs that affect the middle class. Social security remains intact; defense outlays grow. 1.Politics of the budget: President's concern over deficit ranks behind defense buildup, domestic cuts. Story, below.(page 1) 2.`Hanging tough' on defense: Administration's request for hefty increase reflects past success in getting more. Page 3. 3. More social-program cuts: Trims now extend to middle-class benefits, but social security monolith stays intact. Page 3. 4. Budget prospects in Congress: Despite protests from the Hill, chances for this budget are better than in past. Page 4.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...