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Surtax Extension / Boggs / Agnew / Compromise #6475

ABC Evening News for Wednesday, Jul 30, 1969
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(Studio) Representative Hale Boggs says if surtax allowed to expire, nation faces panic and Democrats to be out of power for 30 years Senate Democrats refuse to act unless President Nixon compromises. He won't.
REPORTER: Howard K. Smith

(DC) Boggs mad at Democrat Senators for trying to steal thunder from House Ways and Means Committee [BOGGS - says Democratic leaders subject United States economy stability to jeopardy. Have panic if surtax not extended.] [Vice President Spiro AGNEW - says want debate in Senate If administration gets main objective, won't stand in way of compromise.] Democrats and Republicans agree to 7-mo. extension of surtax; lots of time for tax reform.

Clark, Bob;
Smith, Howard K.

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