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(Studio) Carter administration's predictions of higher inflation rate than earlier predicted for year reported.
REPORTER: Sam Donaldson
(DC) White House optimistic predictions for holding down inflation stated; necessary methods for doing this in rest of year noted. [Econ. adviser Charles SCHULTZE - recalls price increases last year were slower in 2nd half of year; thinks same will happen this year] gross national product predictions for year given; reaction of economy adviser to Gerald Ford, Alan Greenspan, reported [GREENSPAN - discusses administration predictions and gives suggestions for meeting issue.] Outlook for administration economy program examined; effect on fall elecs. described.
REPORTER: Dan Cordtz
- Cordtz, Dan;
- Donaldson, Sam
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