CBS Evening News for Thursday, Jul 06, 1978
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(Studio) Carter administration report that economic goals for year cannot be met noted. GOP reaction reported.
REPORTER: Roger Mudd
(DC) Details of administration report, review of economy of 1st half year and predictions for 2nd half, given. Comments by economy adviser Chas. Schultze stated. [Republican economy Alan GREENSPAN - predicts rise in unemployment.] GOP's Kemp-Roth tax cut bill mentioned. [SCHULTZE - says tax cut needed, but that proposed by Republicans would be inflationary.] Statements by OMB director James Mclntyre quoted. Republican National Committee mentioned.
REPORTER: George Herman
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