Search the Archive

Economy / Phase IV #229481

CBS Evening News for Wednesday, Jul 18, 1973
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Nixon administration announces Phase IV economy programs
REPORTER: Roger Mudd

(DC) Current price freeze to be removed in stages beginning with food, Gas prices to remain frozen till August 12 then new controls. No controls on rent, utility rates or interest rates. Small business exempt from notification of price increases Export controls remain. Wage increase guidelines remain at 5.5% increase No tax increase Treasury Secretary George Shultz admits immediate food price outlook dim. [SHULTZ - says prices will rise.] Shultz calls controls tough and should move country away from controls altogether. Chicken, egg prices may skyrocket with beef in shortages until controls lifted in September
REPORTER: Dan Rather

Reporter(s):
Mudd, Roger;
Rather, Dan
Duration:
00:02:20

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.