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Social Security Tax Incr. / House Committee Reversal of Rollback #257873

CBS Evening News for Wednesday, May 17, 1978
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(Studio) House Ways and Means Committee's reversal of decision to roll back Social Security tax increases noted.
REPORTER: Walter Cronkite

(DC) Committee vote last week on Representative Sam Gibbons' bill to roll back Social Security tax increases noted. Details given with regard to today's vote reversing this decision. Chairperson Al Ullman's reasons for switching vote, use of general revenue for Medicare funds, stated. [ULLMAN - talks of his switch in votes.] [Representative Sam. STRATTON - cites effects he believes vote will have.] Effects of tax increases in coming years outlined.
REPORTER: Neil Strawser

(Studio) House approval to its target budget for 1979 detailed.
REPORTER: Walter Cronkite

Cronkite, Walter;
Strawser, Neil

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