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Nixon / Budget / Speech #3536

ABC Evening News for Friday, Dec 26, 1969
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(Studio) President Nixon works on ways to cut government spending.
REPORTER: Howard K. Smith

(DC) President Nixon meets with defense, domestic, and economic advisors to work on budget. Economic advisors underestimate effects of 3 years inflation, and overestimate strength of remedies. Tax reform bill cut revenue by $2.5 billion revenue. Believed he'll sign bill anyhow. President must stay at work to convince business leaders he's trying to combat inflation.
REPORTER: Tom Jarriel

(Studio) President Nixon to give State of Union message on January 22.
REPORTER: Howard K. Smith

Jarriel, Tom;
Smith, Howard K.

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