CSPAN VIDEO 1 11/13/2011

President Regan is asked to explain is approach to decreasing the federal deficit and implementing a balanced budget. Regan outlines his policy, which will aim to increase economic growth, influence recovery without inflation, and the reduction of governmental accumulation of gross national products. He also discusses the cutback in government spending as the key to correcting the national deficit. Mr. Mondale then explains his approach to influencing economic growth and decreasing the deficit.