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(Studio) Carter administration's compromise on tax cut proposal noted; congress reaction reported, include comment from House Ways and Means chairperson Al Ullman.
REPORTER: John Chancellor
(DC) Film of Carter's state of union address in January shown. [CARTER - explains tax reduction to family of 4 according to original proposed plan.] Details of Carter's original plan given, as well as compromises that have been made since its announcement. Outlook for tax bill examined.
REPORTER: Irving R. Levine
- Chancellor, John;
- Levine, Irving R.
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