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(Studio) President's Social Security finance proposals run into immediate trouble in House hearing.
REPORTER: Roger Mudd
(DC) Department of Health, Education and Welfare Secretary Califano formally presents plan; James Burke endorses plan, Bill Archer opposes it. [ARCHER - says plan ducks issue, as there's no money to transfer from general treasurer] Califano defends plan, claims prior fund mismanagement by Republican admins. [CALIFANO - says problem too serious to be dealt with on partisan basis.] More immediate problems to be worked out early in summer, others later.
REPORTER: George Herman
- Herman, George;
- Mudd, Roger
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