NBC Nightly News - 2001-02-03
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Read a transcript preview of “NBC Nightly News - 2001-02-03” from malgent, uploaded on 2025-03-23.
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Language: English (original, YouTube automatic captions)
[0:02] Give back by the Clintons, a promise to
[0:04] pay for all the White House gifts they
[0:06] kept last year. The grief and fear on
[0:09] two college campuses where murder
[0:11] investigations are in progress. And the
[0:14] FBI's involvement in a wrongful
[0:16] conviction which cost innocent men
[0:19] decades in prison. The conduct of
[0:21] certain agents of the bureau stains the
[0:25] legacy of the Federal Bureau of
[0:28] Investigation.
[0:32] From NBC News World Headquarters in New
[0:34] York, this is NBC Nightly News reported
[0:38] by John Seanthaler. Good evening
[0:41] everyone. We begin tonight with the
[0:43] slowdown in the US economy and the
[0:45] effort to fix it. Concern about rising
[0:47] unemployment, a drop in consumer
[0:49] spending, and sagging profits could pose
[0:52] the first major challenge to the Bush
[0:54] administration. President Bush said
[0:56] today his tax cut plan is key to
[0:58] improving the economic picture. NBC's
[1:00] John Palmer joins us tonight from the
[1:02] White House. Good evening, John. Good
[1:04] evening, John. President Bush said today
[1:06] that he's troubled by these layoffs and
[1:08] the general downturn in the nation's
[1:10] economy. And he used his nationwide
[1:13] radio broadcast today to begin pressing
[1:15] for his $ 1.6 trillion tax cut, which
[1:18] goes to Congress next week.
[1:23] Unemployment is now at its highest level
[1:25] in 15 months. Losses in manufacturing
[1:28] jobs accounted for most of the decline.
[1:31] That sector lost 65,000 payroll workers
[1:34] in January. Total job losses since June
[1:38] 254,000. But other sectors have also
[1:41] been hard hit. Companies cut more than
[1:44] 12,000 jobs last month. And while the
[1:47] overall unemployment rate went