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Economy #257980

CBS Evening News for Tuesday, May 23, 1978
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(Studio) Former Federal Reserve chairperson Arthur Burns suggestion that President Carter underscore his anti-inflation stand by cutting own salary and that president apptees. and congress members do same reported House Appropriations Committee to vote to deny cost-of-living increases to top government officials in next fiscal year noted. AT and T's announcement of intention to freeze salaries of top execs. reported Other economy news with regard to IN Univ. researcher's report on 1st yr.'s price jumps for various items and Agriculture Department's upcoming predictions of food cost increases
REPORTER: Walter Cronkite

Reporter(s):
Cronkite, Walter
Duration:
00:01:20

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