CBS Evening News - 1995-01-03

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Read a transcript preview of “CBS Evening News - 1995-01-03” from malgent, uploaded on 2026-02-20.

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Language: English (original, YouTube automatic captions)

[0:02] From Washington,

[0:04] this is the CBS Evening News

[0:08] with Dan Rather and Connie Chung.

[0:11] >> Good evening. Here on Capitol Hill

[0:13] tonight, big change blowing in the wind

[0:15] and power shifting to the right. The new

[0:18] Republican majority is committed to what

[0:20] it calls nothing short of a political

[0:23] revolution starting tomorrow when the

[0:25] 104th Congress convenes. Republicans are

[0:28] promising to make sweeping changes in

[0:30] government, smashing much of what they

[0:33] say Democrats have built since the early

[0:35] 1930s. Chief Washington correspondent

[0:38] Bob Schieffer previews the opening

[0:40] shots.

[0:44] >> It was hugs and kisses and a champagne

[0:47] send-off at the airport as Mr. Gingrich

[0:49] went to Washington. And as he related to

[0:51] his fans, tomorrow will be a humdinger

[0:54] because it's Contract with America time.

[0:57] >> Tomorrow we will have the longest single

[1:00] day in the opening history of the house

[1:02] in all in our 200-year history. We will

[1:04] pass nine reforms tomorrow. But this is

[1:07] a beginning. This is a first step.

[1:09] >> Gingrich never leaves home without his

[1:11] personal laminated copy of the contract

[1:13] and his Senate counterpart seemed to

[1:14] like it as much as he does. First

[1:17] tomorrow,

[1:17] >> but this is a bill to make Congress live

[1:19] under laws like everybody else.

[1:21] >> And before 100 days have passed, a

[1:23] balanced budget amendment and

[1:25] >> we're going to decrease the deficit and

[1:28] provide for tax cuts, both.

[1:31] >> How to pay for it? No cuts in Social

[1:33] Security, but other programs better

[1:35] watch out.

[1:36] >> But the fact is

[1:37] that there are tremendous savings in the

[1:40] entitlement accoun

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