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(Studio) G. William Miller, during confirmation hearings said acknowledging for 1st time that nation in recession.
REPORTER: Max Robinson
(DC) Miller's testimony outlined. [Senator Herman TALMADGE - asks if we're in recession now.] [MILLER - responds.] [TALMADGE and MILLER - exchange comments with regard to unemployment.] Miller quoted with regard to inflation, minimum wage, taxes. [MILLER - comments with regard to tax cut.] [Senator Max BAUCUS - asks why Miller left Federal Reserve Bd. for Treasury] [MILLER - responds.]
REPORTER: Catherine Mackin
- Mackin, Catherine;
- Robinson, Max
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