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Joint Economy Committee / Inflation #478373

NBC Evening News for Friday, Aug 02, 1974
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(Studio) Treasury Secretary William Simon testifies before joint economy committee
REPORTER: John Chancellor

(DC) Simon offers no new solution, saying only time needed to cure inflation. [Senator Jacob JAVITS - asks if it's realistic to promise price reductions.] [SIMON - says administration tries to maintain present prices and prevent further price increases] Senator William Proxmire believes President' economy policies hampered by impeachment. [SIMON - says problems aren't distracting President from his duties.]
REPORTER: Irving R. Levine

Reporter(s):
Chancellor, John;
Levine, Irving R.
Duration:
00:02:10

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