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Energy, Economy Proposals #236650

CBS Evening News for Friday, Jan 17, 1975
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(Studio) Some form of tax and energy legislature certain, but Congress and President disagree on methods of achieving end results. President Ford plans to tour American in next few weeks to sell his proposals to people.
REPORTER: Walter Cronkite

(DC) Senator Henry Jackson calls President' plans inflationary and recessionary. [JACKSON - claims President' program inadequate.] Jackson to introduction own energy plan. Business and labor people from around country invited to Washington, DC to hear President' proposals again. [Federal Energy Administration Frank ZARB - thinks President' energy proposal least objectionable. No easy way exists to pull ourselves out of economy and energy quagmire.]
REPORTER: Bob Schieffer

(Studio) President proposes 5-yr. delay for tougher auto exhaust controls.
REPORTER: Walter Cronkite

(DC) Admin. recs. written pledges from big 3 auto makers to work on improving car gas mileage. Ford, Chrysler, General Motors send commitments to Int. Secretary Rogers Morton; details of pledges outlined as written by Ford Motor Company President Lee Iacocca, Chrysler's John Riccardo, and General Motors' E.M. Estes.
REPORTER: Nelson Benton

Reporter(s):
Benton, Nelson;
Cronkite, Walter;
Schieffer, Bob
Duration:
00:04:10

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