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Economy, Energy / Capitol Hill #238553

CBS Evening News for Wednesday, Feb 12, 1975
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(Studio) On Capitol Hill, Democrats vote against key part of President's energy plan and move on own economy, energy program.
REPORTER: Walter Cronkite

(Capitol Hill) Senator Fin. Committee has quorum and votes to block President's tariff on imported oil for 90 days. President expected to veto bill. [Senator Robert DOLE - predicts Congress will override veto.] Senate Democratic committee on energy also has quorum to do business. [Senator John PASTORE - says Democrats to have comprehensive economy, energy plan.] Democratic plan to employ gasoline rationing only in event of domestic shortage or foreign embargo.
REPORTER: Roger Mudd

(Studio) White House characterizes Fin. Committee vote as wasting time. President steps up attack on Congress to act positively.
REPORTER: Walter Cronkite

(DC) President takes argument with Congress to Lincoln birthday memorial service. [Mr. FORD - says today's problems not as severe as Mr. Lincoln's, but country must achieve economy emancipation. Hopes Congress and President can unite on effective program for economy independence.] Later President drops in unexpectedly on banquet where Bob Hope being honored. [PRES. - congratulates Bob on being named comedian of century.] President resumes promotional campaign for economy program tomorrow with New York speech; to hold series of receptions for Congress next week
REPORTER: Bob Schieffer

Cronkite, Walter;
Mudd, Roger;
Schieffer, Bob

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