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Carter / No Tax Rebate / Economy #493125

NBC Evening News for Thursday, Apr 14, 1977
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(Studio) President Carter withdraws tax rebate proposal.
REPORTER: David Brinkley

(DC) Carter says economy improving without business tax credits or rebate. [CARTER - says it's not needed.] President denies rebate withdrawn because of Senators' anger with regard to water projects cuts. [CARTER - says he's never been accused of being afraid of political fight.] Econ. advisers support Carter, though urged passage of bill through Wednesday Admin. hopes decision will pay off with greater confidence in business
REPORTER: Irving R. Levine

(Studio) There were political considerations in decision. Anchor asks Washington, DC reporter re: these.
REPORTER: David Brinkley

(DC) Improved economy and lessened need for rebate noted; administration not anxious to go through congress fight over bill that's not needed. Reporter's opinion is Carter didn't get any leverage in water projects issue by rebate withdrawal. Carter now reviewing water projects and indications are some scheduled to be cut will now be continued
REPORTER: Judy Woodruff

(Studio) Ind. production up in March; according to Federal Reserve Board, auto production is major part of rise.
REPORTER: David Brinkley

Reporter(s):
Brinkley, David;
Levine, Irving R.;
Woodruff, Judy
Duration:
00:04:10

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