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(Studio) gross national product up 8.5% in 1st quarter Inflation down to 3.5%. Corporation profits up 41%.
REPORTER: John Chancellor
(DC) White House lunch held for econs. Chief economy Alan Greenspan says his earlier economy predictions were too conservative. Some econs. feel Ford should veto bill to extend current individual income tax cut to keep econ. from expanding too quickly. New inflation not likely to hit until 1977 after election.
REPORTER: Irving R. Levine
- Chancellor, John;
- Levine, Irving R.
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