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Economy / Carter Plan #509345

NBC Evening News for Monday, Mar 17, 1980
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(Studio) Prediction of recession by economists and Wall Street noted; largest loss in history on Am, stock exchange reported.
REPORTER: David Brinkley

(NYC) Activity on Dow Jones, New York, American stock exchanges, and on bond market examined in detail; situation said response to President Carter's economy announcement Friday [Economist Albert COX - comments.] Gold mkt, activity outlined on screen; bagpiper in New York commodities exchange noted, shown.
REPORTER: Mike Jensen

(Studio) Carter anti-inflation plan outlined; Carter's appearance today before National League of Cities noted.
REPORTER: David Brinkley

(DC) President's attempts to sell program to urban leaders featured. [CARTER - addresses group.] Specifics of budget cut, include aid to cities, said not coming until after New York and Illinois primaries. [New Orleans Mayor Ernest MORIAL - comments.] Conf. of mayors said pledging support for Carter; official quoted.
REPORTER: Judy Woodruff

(Studio) Congress reaction to Carter plan quoted.
REPORTER: David Brinkley

(DC) Inflation adviser Alfred Kahn said getting hostile reception for President's inflation-fighting plan at first congress hearing. [Senators William PROXMIRE, Jake GARN, Don. RIEGLE - criticize Carter, mention OPEC.] [PROXMIRE and KAHN - exchange comments; budget director Jas T. McIntyre quoted.]
REPORTER: Irving R. Levine

(Studio) Congress concern over balance budget considered; Herbert Hoover mentioned.
REPORTER: David Brinkley

Reporter(s):
Brinkley, David;
Jensen, Mike;
Levine, Irving R.;
Woodruff, Judy
Duration:
00:05:50

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