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Economy / Social Security Taxes and Inflation #257669

CBS Evening News for Wednesday, Apr 05, 1978
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(Studio) House Democrats' vote to roll back Social Security tax increases voted last yr. and implications of action noted. President Carter's concerns re: inflation and plans for major speech on subject next week reported.
REPORTER: Walter Cronkite

(DC) Federal Reserve chairperson Miller's statements concerning upcoming price increases and Carter's meeting with Congmen. on inflation issue noted. [Representative John BRADEMAS - says Carter to work on speech with regard to inflation over wkend.] [House majority leader Jim WRIGHT - thinks it incorrect to say President hasn't been tough over last 15 mos. Says energy problem is central to inflation problem.] Carter's meeting with Communications Workers of American group mentioned. [CARTER - cites ways inflation can be cut.] Admin. concerns about extent of anti-inflation measures detailed. White House aide's suggestion that President will veto farm bill if it passes Congress noted.
REPORTER: Bob Schieffer

Reporter(s):
Cronkite, Walter;
Schieffer, Bob
Duration:
00:02:50

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