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Inflation #269381

CBS Evening News for Saturday, Mar 15, 1980
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(Studio) Senator Robert Byrd's statement supporting Carter plan for cuts in fed. budget quoted.
REPORTER: Bob Schieffer

(DC) [Federal Reserve Bd. chairperson Paul VOLCKER - talks about President Carter's anti-inflation plan.] New credit regulations said to make it more expensive for banks and other institutions to extend credit card privileges. [Treasury Secretary G. William MILLER - says projections of public reaction to high inflation rates were wrong.] [Budget director James McINTYRE, Junior - talks about budget cuts.] Admin. expectations that new program may not reduce inflation until end of year cited.
REPORTER: Robert Schakne

Schakne, Robert;
Schieffer, Bob

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