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(Studio) Joint panel of Congress begins hearings on military spending. Harvard economy prof. John Kenneth Galbraith says cost could be cut by ntlizing. defense contractors who do over 75% of business with government, to make them responsible for their activities.
REPORTER: Walter Cronkite
(DC) Congress attacks defense establishment. [GALBRAITH - says need for panels to evaluate military needs and non-needs. Must meet civilian needs.] [Former Budget Director Charles SCHULTZE - says need to examine military requests just like any other request.] Distrust of military complex growing.
REPORTER: Daniel Schorr
- Cronkite, Walter;
- Schorr, Daniel
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