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Ford / News Conference / Surcharge #231778

CBS Evening News for Wednesday, Oct 09, 1974
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(Studio) President Ford holds news conference Most questions deal with yesterday's econ. proposals, especially surtax plan.
REPORTER: Walter Cronkite

(White House) [FORD - explains reason for surtax.] Ford asked why there was no proposal for gasoline tax or rationing. [PRES. - says gasoline tax most harmful to persons less able to pay.]
REPORTER: No reporter given

(Studio) Tax surcharge to last only 1 year, according to Ford. House hearing on proposal causes disagreement.
REPORTER: Walter Cronkite

(Capitol Hill) Treasury Secretary William Simon goes before House Ways and Means Committee to persuade Congress toward passing Ford's economy proposals, [SIMON - feels Congress will pass surcharge.] [Representative Al ULLMAN - doesn't think 1 year surtax feasible.] [Representative Herman SCHNEEBELI - plans to listen to public reaction before voting on surcharge.]
REPORTER: George Herman

Cronkite, Walter;
Herman, George

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