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Senate / Tax Cut Bill #481865

NBC Evening News for Friday, Mar 21, 1975
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(Studio) Senator's version of tax cut bill nearly ready, but President Ford doesn't like it. Details of Senator version outlined.
REPORTER: Tom Brokaw

(Capitol Hill) Tax cut bill biggest in history. Senator Mike Mansfield tells Press Secretary Ron Nessen, in so many words, to stop criticizing Congress for not moving fast enough on tax bill. Tax cut bill could go to President by Wednesday [Tom BROKAW - asks how much of Senator bill to remain intact once bill goes to House Senator conf.] Bill likely to drop to $25 or $26 billion; Senator bill now totals $30 billion. [Tom BROKAW - asks about cash payments to Social Security recipients.] There's good chance that provision to remain in bill. [Tom BROKAW - asks about rejection of oil depletion allowance.] Believes oil depletion allowance question to be negotiable.
REPORTER: Catherine Mackin; ARTIST: Betty Wells

Brokaw, Tom;
Mackin, Catherine

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