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Carter / Income Tax Plans / US-USSR Relations / Gartner/ 1976 Presidential Election #54440

ABC Evening News for Monday, Jun 26, 1978
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(Studio) President Carter's wide-ranging news conference topics noted.
REPORTER: Harry Reasoner

(DC) President's statements on income tax situation, include congress plans to reduce capital gains tax, reported [CARTER - says capital gains tax reduction proposal wouldn't help average American and would provide windfalls for rich.] Comments on Mideast situation stated. [CARTER - says United States will relay new Egyptian proposal to Israelis, making both Egyptian and Israeli proposals available for discussion. Hopes progress will be made then. Notes administration concerns about USSR positions on human rights as per Helsinki agreement and intervention, along with Cuba, in Africa; denies that United States is playing off USSR against China (PR) or vice versa.] Soviet leader Leonid Brezhnev's remarks about US-China (PR) relations recalled.
REPORTER: David Garcia

(Studio) United States release of 2 Soviet citizens jailed in New Jersey on espionage chgs. and USSR release of Francis Crawford from Moscow prison where he was jailed for currency violations reported Details of releases given. No sign of compromise in response to President's indications of veto intention on tax program and capital gains amendment reported Reaction of amendment sponsor, Representative William Steiger, stated.
REPORTER: Sam Donaldson

(DC) [STEIGER - lists people who will benefit from reduction of capital gains taxes.] Treasury Secretary Blumenthal's attempts to sell President' s tax plan to Congress noted; failure of Democrats on House Ways and Means Committee to support it and speculation about possible veto of bill reported.
REPORTER: Vic Ratner

(Studio) President Carter's call for resignation from Commodity Futures Trading Commission by former Hubert Humphrey aide David Gartner reported; reasons given and Gartner's response stated. FEC's closing of case about Carter's use of private National Bank of Georgia plane during 1976 president election campaign detailed; Bert Lance's position as head of National Bank of Georgia at time mentioned.
REPORTER: Sam Donaldson

Reporter(s):
Donaldson, Sam;
Garcia, David;
Ratner, Vic;
Reasoner, Harry
Duration:
00:05:20

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