CBS Evening News for Wednesday, Sep 03, 1969
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(Studio) Pres, Nixon plans cutbacks in fed, construction as move against inflation. To stop 75% of new bldgs. and hwys.
REPORTER: Walter Cronkite
(Colorado Springs, Colorado) [Connecticut Governor John DEMPSEY - says shocked by decision. Predicts inflation as govs. try to beat cut date.] [Director Communications Herbert KLEIN - says April is tentative deadline. Govs. shocked, but they know inflation must be controlled,] [OR Governor Tom McCALL - says wage and price controls is crisis way to meet crisis.]
REPORTER: Jed Duvall
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