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Energy / Home Insulation Shortage / Cortina Bill #46334

ABC Evening News for Friday, Oct 28, 1977
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(Studio) Deadlock of Congress conference committee on gas guzzlers, and agreement on tax benefits for home insulation, cited. Senator passage of home insulation proposal and difficulty homeowners have in finding insulation noted.
REPORTER: Harry Reasoner

(Newington, Virginia) Report with regard to difficulty in getting home insulation for companies as well as homeowners. [Insulation company manager Peter McGUIRE - cites high costs, unavailability of insulation from regular sources, and company absorption of most of costs.] FTC (Federal Trade Commission) investigation of shortage noted. [FTC chairperson Michael PERTSCHUK - states details with regard to insulation industry and FTC (Federal Trade Commission) probe of it.] Denials by 3 major fiberglass mfrs. of limits to product cited.
REPORTER: Bettina Gregory

(No location given) Congress work on energy legislature awaited by President Carter noted, include possibility it will be after Thanksgiving before work completed. Report on private bill now in Congress, with regard to imports brought into US 6 years ago by Tampa, Florida, importer Joe Cortina. Details of problem encountered by Cortina upon learning import shipment he received contained not West German goods, but E. German ones. [CORTINA - cites problems situation has caused.] Efforts of Representative Sam Gibbons to help Cortina, routine movement of bill through Congress and its attachment to natural gas pricing legislature cited. [CORTINA - states uncertainty with regard to effect of this development to bill.]
REPORTER: Don Farmer

Reporter(s):
Farmer, Don;
Gregory, Bettina;
Reasoner, Harry
Duration:
00:04:50

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