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No B-1 / Reaction / Rockwell Stock #49315

ABC Evening News for Thursday, Jun 30, 1977
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(Studio) 47 states are affected by Carter's B-1 decision.
REPORTER: Harry Reasoner

(DC) Most Congress members were as surprised as everyone else, especially those opposing bomber. [George McGOVERN - notes pressure on President from congress opponents of bomber.] [John CULVER - thinks United States will be stronger because bomber funds can be used for conventional force and with bomber, econ. would have been compromised.] Republican leaders call decision rank amateurism; Representative Robert Dornan is from district that's home of bomber. [DORNAN - says USSR rejoices with decision.] [Barry GOLDWATER - notes Carter kept campaign promise, but doesn't admire president who puts campaign promise before good of nation] Though House has already passed measure with funds for bomber, it's not likely Congress can bring product back.
REPORTER: Don Farmer

(Palmdale, California) Most Rockwell International employees came to work optimistic re: decision; later this turned to despair. [Charles SALADINO - thought President would go along with part of program at least.] [Mary Lee HARRIS - notes it will hit mainly minorities who are medium class workers.] Layoffs will begin next week; broader economy implications to area around Palmdale noted. [Store owner Mrs. Ray RAUSCH - says area freezes up if there's layoff at just 1 place.] [Shoe repairman Jesse HOLDER - notes lack of ind. in area, other than aircraft.]
REPORTER: Bill Redeker

(Studio) New York Stk. Exchange suspends trading of Rockwell stock for 4 hrs. to permit analysis of decision.
REPORTER: Barbara Walters

Reporter(s):
Farmer, Don;
Reasoner, Harry;
Redeker, Bill;
Walters, Barbara
Duration:
00:04:50

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