× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Economy #54199

ABC Evening News for Thursday, Jun 01, 1978
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Rise in index of leading economy indicators for April reported; expected wholesale price figs., to be put out on Friday, noted. Earlier report on increase in cost of living mentioned.
REPORTER: Harry Reasoner

(DC) Demands by Republicans in Congress for cut in President Carter's spending plans and in budget deficit scheduled for FY 1979 reported [Representative Barber CONABLE - says American people know that one can't continue spending beyond means without devaluing dollar.] Similar statements from factions closer to President noted. Brookings Institution predictions about situation given, as is Senator Banking Committee view of conditions, especially with regard to Federal Reserve Board's possible tightening of money supply. Board chairperson William Miller's success in persuading Carter to reduce tax cut proposal and present doubts about advisability of that cut examined.
REPORTER: Dan Cordtz

Reporter(s):
Cordtz, Dan;
Reasoner, Harry
Duration:
00:01:40

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.