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Energy #505420

NBC Evening News for Thursday, Jul 26, 1979
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(Studio) Importance of windfall profits tax to Carter and congress opposition noted
REPORTER: John Chancellor

(DC) Carter's urging of American public to pressure Senator into passing windfall profits tax during last night's press conference recalled. [CARTER - discusses Senator and windfall profits tax.] Representative Tip O'Neill's meeting with Representative Andrew Maguire and O'Neill's apparent support of windfall profits tax cited. [O'NEILL - comments.] [Senator Henry JACKSON - says he's skeptical about achieving decontrol.] [Senator Mike GRAVEL - says windfall profits tax will bring greatest depression since 1930's.]
REPORTER: Carole Simpson

(Studio) House reported possibly voting on Carter's request for standby gasoline rationing authority next week; details given. Alternatives to Carter's econ. policy, called for by Senator Republicans, outlined.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Simpson, Carole
Duration:
00:02:20

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