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(Studio) United States involvement in El Salvador civil strife likened to Vietnam. President Reagan said questioned with regard to cable television pictures of United States soldiers carrying M-16 rifles in El Salvador.
REPORTER: Dan Rather
(DC) Area in which soldiers seen and type of weapons being carried said contrary to role United States advisers were to play in El Salvador. In answer to questions, [President REAGAN - assumes weapons were for personal protection. Is asking for report from Defense Department] Re: economy, [REAGAN - says Wall Street fears another inflationary spiral.] Re: tax cuts, [REAGAN - holds tax cuts only way to stimulate economy] Reagan said calling for more cooperation between White House and Federal Reserve Bd. to combat high interest rates.
REPORTER: Bill Plante
- Plante, Bill;
- Rather, Dan
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