Search the Archive

Tax Reform / Oil and Gas Inds. #303830

CBS Evening News for Monday, May 27, 1985
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) President Reagan, promoting his tax reform proposals at Disney World today, said presenting them to nation tomorrow night. [REAGAN - praises his plan.]
REPORTER: Bob Schieffer

(DC) Oil and gas industry's reaction to President's initial tax reform plan recalled. [Independent Petroleum Association spokesperson Harold "Bud" SCOGGINS, oil producer Jack GRAVES - were shocked.] Basis of their complaints outlined. [Independent Petroleum Association spokesperson Jon Rex JONES - calls for vocal opposition.] Ind.'s lobbying of assistant treasurer secys. Ronald Pearlman, Margaret Tutwiler and Richard Darman noted. [SCOGGINS - describes their approach to administration] Group's appeal to Vice President George Bush described. [Representative Beau BOULTER - considers political reasons for Bush's support.] [Senator Don NICKLES - praises Treasury Secretary James Baker's business acumen.] Inds. representative by lobbyists with whom Baker met listed on screen; Nickles' lobbying of Baker, Don. Regan, Bush and Reagan described. White House photos shown. [GRAVES - recalls meeting with President; claims need for tax breaks to prevent nation's dependency on foreign oil.] Reagan quoted regarding his link of oil ind. tax breaks with national security [Representative Dan ROSTENKOWSKI - accuses White House of giving in to special ints.] National League of Cities, opposing administration's proposal affecting state and local taxes, said denied access to Baker, shunted instead to meet with Tutwiler. [League president George VOINOVICH - notes administration's attitude.] Oil industry's basis of lobbying success said political contributions and support; details given.
REPORTER: Lesley Stahl

Reporter(s):
Schieffer, Bob;
Stahl, Lesley
Duration:
00:05:10

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.