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Economy / Phase II / Nader / Labor #213224

CBS Evening News for Monday, Oct 11, 1971
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(Studio) Consumer advocate, Ralph Nader, charges before Senate committee that Nixon's giving power to wage and price bds. violates Const.; says bds. would operate without Congress guidelines, due process, safeguards, or appeal; administration to seek Congress approval.
REPORTER: Walter Cronkite

(DC) President asks Congress for more stabilization powers. Cost of Living council asks Congress for extra tools: subpoena power for pay board and price commission; power to use administration procedure like regulatory agencies, power to act against single inds. and companies Legis. goes to Congress UAW (United Automobile, Aerospace and Agricultural Implement Workers of America) and Teamsters working with AFL-CIO. UAW (United Automobile, Aerospace and Agricultural Implement Workers of America) President Leonard Woodcock feels pay board will have practical autonomy; believed labor leaders won't boycott phase II, but will ask for more assurance as to board's independence.
REPORTER: Daniel Schorr

Reporter(s):
Cronkite, Walter;
Schorr, Daniel
Duration:
00:01:50

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