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Nixon Wage-Price Board #219002

CBS Evening News for Wednesday, Aug 04, 1971
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(Studio) President Nixon relaxes opposition to wage-price review board
REPORTER: Walter Cronkite

(DC) Nixon willing to consider review board if convinced will reduce inflation without stifling economy; promises unemployment will decrease by end of year
REPORTER: Dan Rather

(Studio) Senator Mike Mansfield says Nixon must act to halt inflation; 13 Republican leaders propose legislature to fight inflation.
REPORTER: Walter Cronkite

(DC) Senator Republicans propose cncls. to increase productivity, wage-price review bd. [Senator Jacob K. JAVITS - says supports President Nixon; making proposal to help Nixon decide what best for US] [Senator Edward West BROOKE - says monetary and fiscal policies have proved insufficient to bring price and wages under control.] [JAVITS - says proposal doesn't represent break with Nixon administration]
REPORTER: Bruce Morton

Cronkite, Walter;
Morton, Bruce;
Rather, Dan

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