NBC Evening News for Thursday, Aug 29, 1974
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(Studio) Ford says no intention of asking Congress for tax increases Next year possibly.
REPORTER: John Chancellor
(DC) Press Secretary Jerry Terhorst says higher taxes may be needed. Ford meets with UAW (United Automobile, Aerospace and Agricultural Implement Workers of America) President, Leonard Woodcock. [WOODCOCK - proposes tax cut for lower and middle incomes, and tax increases to rich, and cut in corp. concessions. President listened.] Ford names administration members of Wage and Price Stability Council Ken. Rush to be chairperson Incls. Secys. Treasury, Agriculture, Labor and Commerce; Director Office of Management and Budget Roy Ash; Consumer Affairs adviser Virginia Knauer, and President counselor Anne Armstrong.
REPORTER: Tom Brokaw