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Cong. Action / Energy Bill / Republican and Tax Bill #255015

CBS Evening News for Wednesday, Oct 11, 1978
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(Studio) Congress conference committee agreement on last part of President Carter's energy plan noted; decision on gas guzzler tax reported.
REPORTER: Walter Cronkite

(DC) Details of compromise on gas guzzler tax given. Weakening of all 5 parts of Carter energy plan noted. Tax credits for home insulation and solar energy equipment installation reported Upcoming votes by full Senator and House mentioned.
REPORTER: Nelson Benton

(Studio) Reduction of oil imports said to be part of energy legislature now before Congress Energy Secretary James Schlesinger's statements about impossibility of reaching administration reduction goal by 1985, made in West German television interview, reported; his prediction that imports will increase by then stated. Lack of congress votes today, in deference to holiest of Jewish holidays, Yom Kippur, noted. Contd. work in cmtes,, conference and consultation stated; legislature being discussed listed.
REPORTER: Walter Cronkite

(DC) Report on Republican Congmen.'s claim of credit in looking out for taxpayers, after Senator passage of Democratic Senator's bill that replaced Republican Roth-Kemp bill. [Senator Howard BAKER - recalls GOP-proposed tax cut 18 mos. ago. Says it's good to see administration now recommending that as well.] Republicans' claim of some credit for Humphrey-Hawkins full employment bill detailed.
REPORTER: Phil Jones

Benton, Nelson;
Cronkite, Walter;
Jones, Phil

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