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Consumer Prices #13994

ABC Evening News for Tuesday, Dec 28, 1971
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(Studio) IRS (Internal Revenue Service) orders retailers to post base prices.
REPORTER: Harry Reasoner

(NYC) Consumer affairs specialist Elizabeth Feinstein directs "Operation Price Watch" program through union shop stewards. Prices checked in local stores. [ Watcher Lucille WHITLEY - cites proof prices are rising.] Price watching complicated by new price rules. IRS (Internal Revenue Service) and OPW disagree on price freeze success. [Miss FEINSTEIN - contradicts labor department reports] Strict wage controls, loose price controls criticized. [Trudy SCOCOZZO - complains of rising prices.] AFL-CIO President George Meany ntlizes. OPW. Price increases across country reported.
REPORTER: David Snell

Reasoner, Harry;
Snell, David

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