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Economy / Carter Address / Prime Rate #496605

NBC Evening News for Monday, Nov 13, 1978
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(Studio) President Carter's attendance at anti-inflation rally reported Speculation that he might announce government spending cuts, which he didn't do, noted.
REPORTER: David Brinkley

(DC) Carter's address to group of government employees outlined. [CARTER - asks for help of all at meeting in fighting inflation. Requests that they not try to exempt their depts. or agencies from inflation-fighting budget measures, despite temptation to do so for employees they representative Mentions inflation adviser Alfred Kahn and economy adviser Charles Schultze.] Belief of business and economy leaders that only cuts in government spending will save Carter's anti-inflation program stated. Carter's decision not to announce such cuts to government employees audience mentioned.
REPORTER: Irving R. Levine

(Studio) Incr. in prime interest rate by big banks detailed.
REPORTER: John Chancellor

Brinkley, David;
Chancellor, John;
Levine, Irving R.

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