World News Tonight (ABC) - 1995-12-11
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Read a transcript preview of “World News Tonight (ABC) - 1995-12-11” from malgent, uploaded on 2026-02-23.
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Language: English (original, YouTube automatic captions)
[0:02] [music]
[0:03] A new forecast about the economy may
[0:06] help Republicans and Democrats balance
[0:08] the budget in seven years. An accurate
[0:11] forecast that warned of winter misery in
[0:13] much of the east. [snorts]
[0:15] And the high techch equipment designed
[0:17] to keep American troops safer [music] in
[0:19] Bosnia.
[0:22] From ABC, this is World News Tonight
[0:25] with Peter Jennings.
[0:26] >> Good evening. We start tonight by
[0:28] confirming suspicions that this was
[0:30] going to be the week when Republicans in
[0:31] the Congress and the president were
[0:33] going to begin finding their way out of
[0:35] the budget wilderness. So many times
[0:37] we've heard them say that life would be
[0:38] easier if the future economy only looked
[0:41] a little rosier. Today, the
[0:42] Congressional Budget Office, which both
[0:44] sides have agreed should provide the
[0:45] numbers they will work with, has
[0:47] produced a rosier economic forecast. And
[0:49] so the rest is now possible on Capitol
[0:52] Hill. ABC's John Cochran.
[0:55] It was an early Christmas present for
[0:57] both Republicans and Democrats, and it
[0:59] came from a woman most people have never
[1:01] heard of.
[1:01] >> Are you June O'Neal's Congressional
[1:04] Budget Office said its new economic
[1:06] forecast show the budget can be balanced
[1:08] over seven years without reducing
[1:10] spending as much as that office had
[1:11] predicted. The new figures narrow the
[1:13] gap between the Republican and White
[1:15] House plans from $400 billion to $265
[1:20] billion.
[1:20] >> It gives us the opportunity to get down
[1:22] to work and negotiate. and I think most
[1:24] of all avoid the possibility of any kind
[1:27] of government shutdown.
[1:28] >> Both sides warned, howev