The "Save Our Bucks" committee, a bipartisan group of Senators, announces plans to cut $10 billion from Carter's final budget.
1980 Deficit $74 Billion
Massachusetts Congressman Silvio Conte yuks it up during an end-of-session budget fight that left many issues unresolved.
1985 Deficit $185 Billion
ALIVE ON ARRIVAL
Responding to criticism that Reagan's '87 budget proposals were DOA, aides stage a "miracle recovery" on Capitol Hill.
1987 Deficit $150 Billion
Angered that Congress raised the nation's debt ceiling from $2.1 trillion to $2.8 trillion, Reagan pledges to rip into spending.
1988 Deficit $155 Billion