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(Studio) President signs Farm Bill. Will increase farm production and phase out price support programs. Agriculture Secretary Earl Butz speaks on farm bill and general agriculture situation.
REPORTER: Howard K. Smith
(White House) [BUTZ - says bread prices too high. United States won't run out of wheat.] [REPORTER - questions Butz's response to hsewife. Complaining about food prices.] [BUTZ - notes that hsewife. spends only 16% of disposable income on food.] Butz unhappy with beef freeze and resultant beef shortage, but insists beef freeze to remain till September 12.
REPORTER: Stephen Geer
- Geer, Stephen;
- Smith, Howard K.
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