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Surtax Extension / ABM #204756

CBS Evening News for Monday, Jul 28, 1969
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(Studio) Senator Republicans use stock market for argument for surtax. Democrats doubt surtax necessary, noting surplus.
REPORTER: Walter Cronkite

(DC) Majority Leader Mike Mansfield says if surtax not extended 5 mos. rather than 1 year, it might expire and it might never come back. Surtax needs to be sugar-coated with tax reforms to clear Congress Senator John Williams says surtax not much of inflation weapon by itself. Senator Everett Dirksen says he can't accept 5 mos. compromise on ABM. [McINTYRE - says shame ABM symbol of disunity.] 1st vote not until August
REPORTER: Roger Mudd; ARTIST: Howard Brodie

Cronkite, Walter;
Mudd, Roger

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