White House Budget Director Richard G. Darman said the Bush Administration might be willing to renegotiate the budget agreement it made with Congress last year. Interviewed on NBC-TV's "Meet the Press," Darman said that any further talks must be focused on deficit reduction, entitlement programs and capital gains taxes. He said he agreed with Sen. Phil Gramm (R-Tex.) that "if there are savings . . . from defense, at least half of them ought to go to deficit reduction" and "some substantial portion ought to go back to people" as tax cuts and growth incentives.
From Times Staff and Wire Reports
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