NBC Evening News for Tuesday, Feb 22, 1977
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(Studio) President Carter has asked business and labor to advise administration before prices or wages hiked in order to analyze effect on inflation. AFL-CIO President George Meany says his organization will ignore request; administration officials say Carter won't give up on plan.
REPORTER: John Chancellor
(DC) Admin. spokesperson says President still rejects mandatory wage and price controls and wants labor, industry and government to work together on issue to help solve inflation. OMB director Bert Lance suggests voluntary form of wage and price guidelines. [LANCE - says he favors voluntary guidelines over mandatory controls; cites reasons.] Admin. says best way is through prior notice of wage and price increases, and then voluntary guidelines, but Meany rejects 1st and both industry and labor reject latter.
REPORTER: Judy Woodruff
(Bal Harbour, Florida) In Bal Harbour, Florida, Meany says he doesn't consider this as serious proposal. [MEANY - says he doesn't know how administration would carry it out on either side.] AFL-CIO executive council legislature proposals cited; will try to get bill vetoed by Gerald Ford passed. Meany says he doesn't expect Carter to veto any labor bills. Lobbying effort by union to get bills passed and financing for it noted.
REPORTER: Kenley Jones