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Nixon / Economy / Cong. #10745

ABC Evening News for Wednesday, Jun 17, 1970
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(Studio) Nixon economy speech proposes remedies; political tone.
REPORTER: Howard K. Smith

(DC) Study groups to increase production, spot new inflation, determine government purchasing effect, cut defense spending. [NIXON - asks business and labor to fight inflation; opposes wage and price controls and jawboning; blames Congress for inflation; challenges Congress to raise taxes in election year]

(DC) [Representative Wright PATMAN - denies no economic crisis.] [Senator William PROXMIRE - claims Nixon jawboning already.]

Clark, Bob;
Gill, Bill;
Smith, Howard K.

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