Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio) Senator passes Tax Reform Bill 69-22, full of riders.
REPORTER: Walter Cronkite
(DC) Only 2 Democrats, Senators Russell Long and Spessard Holland voted "no;" 18 Republicans for bill. Bill raises personal exemptions from $600 to $800 and Social Security benefits to 15%. Gives tax relief to 12 million poor, but raises rich and corporation taxes by squeezing loopholes. [Senator Robert GRIFFIN - calls it low point in Senate Slap in the face to Senator John Williams and others who worked for tax reform. Calls it hodgepodge of political goodies.] [Senator Albert GORE - says administration and Republican Congress set against tax relief for man with most dependents.] [WILLIAMS - says a lot of people think they'll get Social Security increase and tax cuts. It's cruel hoax.] Williams refuses to serve as Senator conferee to House Congress Committee must resolve differences.
REPORTER: Roger Mudd
- Cronkite, Walter;
- Mudd, Roger
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
- You may request a loan of this video by registering on our website and placing an order.
- You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
- If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.