Search the Archive

Economy News #236914

CBS Evening News for Thursday, Jan 30, 1975
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) Chase Manhattan Bank lowers prime lending rate to 9%. Federal Reserve Bd. chairperson Arthur Burns endorses short-term tax relief when he appears before House Ways, Means Committee
REPORTER: Walter Cronkite

(DC) Burns tells committee Federal Reserve system to expand money supply at moderate rate. Burns reassures members with regard to President' large budget deficit request.
REPORTER: George Herman

(Studio) President proposes boosting economy through early payment of $335 million of GI insurance dividends to veterans. President also asks Congress to cut fed. spending by $1 billion in over 35 areas. House Agriculture Committee doesn't want cost of food stamps to be incrd.; panel votes to freeze cost.
REPORTER: Walter Cronkite

(DC) [Representative Thomas E. FOLEY - says Congress concerned about poor and elderly. Expects House and Senator to vote down incrd. costs for food stamps.] House Agriculture Committee's ranking Republican William Wampler also supports freeze legislature
REPORTER: Neil Strawser

Reporter(s):
Cronkite, Walter;
Herman, George;
Strawser, Neil
Duration:
00:03:00

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.