This program is 27 minutes long
#286773
(Studio) Record Wall Street trading today reported; details given.
REPORTER: Dan Rather
(DC) President Reagan said forecasting gloomy economy outlook for fiscal 1983; details outlined on screen. [Treasury Secretary Don. REGAN - hopes figs. are wrong.] [REAGAN - admits no decision has been made on his budget.] White House aides' concern over lack of economy direction discussed; uniden. aide quoted on screen. Reagan mentioned signing new gasoline tax increase into law today; his apparent willingness to now agree to Social Security tax increase considered. [Senator Henry JACKSON - believes President is willing to compromise on defense budget cuts.] Defense Secretary Caspar Weinberger said agreeing to consider cuts.
REPORTER: Lesley Stahl
#286774
(Studio) Report introduced
REPORTER: Dan Rather
(NYC) [January 3, Representative Thomas O'NEILL, last night President REAGAN - discuss budget deficit issue.] Deficit concept explained; John Maynard Keynes' stance on deficit recalled. [Economist Paul SAMUELSON - believes elimination of deficit would worsen recession.] Federal budget deficits since 1960 graphed on screen. [Economist Alan GREENSPAN - notes investors' cynicism.] [SAMUELSON - cites Democrats' politicalization of issue.] Implications for strong recovery considered.
REPORTER: Bruce Morton
#286775
(Studio) No. new unemployment claims for week ending December 25 discussed.
REPORTER: Dan Rather
(Chicago, Illinois) Response of unemployed here to temporary city job openings examined. [WOMAN - will clean sts. if necessary.] [Personnel department spokesperson Frank COCHRAN - notes patience of applicants.] [PEOPLE - comment on plight.]
REPORTER: Bob McNamara
#286776
(Studio) Retail sales for December 1982 reported; Sears, K Mart and J.C. Penney sales listed on screen.
REPORTER: Dan Rather
#286777
(Studio) Energy Department forecast on natural gas heating bill increases outlined.
REPORTER: Dan Rather
#286779
(Studio) State Department reaction to Warsaw Pact's latest nonaggression proposal with NATO (North Atlantic Treaty Organization) reported; spokesperson John Hughes quoted. President Reagan's response to proposal during news conference last night recalled.
REPORTER: Dan Rather
#286780
(Studio) USSR assessment of crippled nuclear-powered spy satellite Cosmos 1402 reported announced during Moscow news conf.; details given.
REPORTER: Dan Rather
(DC) Current status of satellite's decaying orbit examined; details illustrated on screen. [State Department spokesperson John HUGHES - rejects USSR analysis of problem.] Crash of radioactive Soviet spy satellite in north Canada in 1978 recalled; films shown. Preparations by United States officials for possible landing in US outlined; issue of radical groups possibly reclaiming nuclear materials from Cosmos 1402 considered.
REPORTER: Bill Lynch
#286781
(Studio) British defense secretary John Nott, criticized for his handling of Falkland Island war, said replaced by Michael Heseltine.
REPORTER: Dan Rather
#286782
(Studio) Greenpeace demonstration in Cherbourg, France, harbor protesting unloading of Japanese nuclear waste there examined; films shown.
REPORTER: Dan Rather
#286783
(Studio) Danish Captain Kent Kirk reported beginning legal test case of fishing rights dispute between England and Denmark; details given, films shown.
REPORTER: Dan Rather
#286785
(Studio) Govt.'s annual health report outlined on screen, discussed; incring. death rate among youth considered.
REPORTER: Dan Rather
#286786
(Studio) Tylenol murders in the fall recalled; recent death of Oregon woman following ingestion of cyanide-laced pain reliever noted.
REPORTER: Dan Rather
(Portland, OR) Investigation into Patricia Bennett's death from cyanide poisoning, possibly contained in Anacin-3 capsule, examined. [State medical examiner Dr. William BRADY - considers case an isolated murder not necessitating recall.] Lack of consumer panic here following Bennett's death noted. [PEOPLE - comment.] [Drug store manager Dan WENDELL - notes consumers' calm.] Intro. of new tamper-resistant pkging. next month noted.
REPORTER: Barry Petersen
#286787
(Studio) Dr. Stanley Schuman, of Med. University of SC, noted concerned with high disease rate originating in nation's day care centers; details given. Comments said appearing in "Journal of American Med. Association"
REPORTER: Dan Rather
#286789
(Studio) Weather across nation described.
REPORTER: Dan Rather
(Jonesville, LA) Impact of flooding here on Knapp family examined. [W.C. KNAPP, Aletha KNAPP, Amy REEVES - discuss their situations.]
REPORTER: John Sheahan
#286790
(Studio) Missouri Governor Christopher Bond reported halting scheduled burial of dioxin contaminated flood debris from Times Beach; details given.
REPORTER: Dan Rather
#286791
(Studio) Current status of Vietnam vets.' legal claims against government for exposure to Agent Orange and resulting health problems discussed.
REPORTER: Dan Rather
#286793
(Studio) P.T. Barnum quoted.
REPORTER: Dan Rather
(DC) Various gimmicks used to attract consumers interested in losing weight examined. [WOMAN - praises body wrap.] FDA's display of items used as come-ons in the past examined. [Emory Univ. historian Dr. James Harvey YOUNG - thinks quackery is at its height historically.] [FDA (Food and Drug Administration) spokesperson Mary-Margaret RICHARDSON - notes abundance of weight loss frauds.] FDA's general lack of enforcement against quackery discussed. [Consumer advocate Dr. Stephen BARRETT - compares situation with IRS's enforcement.] [FDA (Food and Drug Administration) assistant cmnsr. Joseph P. HElL - notes lack of funds to enforce law.]
REPORTER: Susan Spencer
#675795