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White House Diaries
May
06
1982
May 06, 1982
Thursday, May 6, 1982
Never got to this journal until today (Fri). Wed. things turned up. We got together with Sen. Pete Dominici’s Budget committee & worked out a compromise budget pckg. It passed out of committee by a straight 11 to 9 party line vote. It’s a good budget and will trim the projected deficits down to $106 bil. next year, $69 bil. in ’84 and $39 bil. in ’85. The Demos. are screaming & lying like bandits charging us with cutting Soc. Security—we aren’t touching Soc. Security. There is a ray of hope in the Falklands. The U.K. has lost a destroyer but now both sides are talking a cease fire. The only hitch is—it should be accompanied by a mutual withdrawal of forces & the Argentines dont want to do this. So far however the shooting has stopped. We’ve definitely regained the initiative on the domestic scene. Fri. met with John Towers Committee & some house members of the Armed Services Committee. Good meeting & I think we’re on track with the defense budget. This afternoon went horsebacking at Quantico with Bill Clark & Paul Laxalt.
