CBS Evening News open - 1977-10-28

Channel: malgent

Transcript

Language: English (original, YouTube automatic captions)

[0:00] at 6:30.

[0:02] >> This is the CBS Evening News with Walter

[0:05] Kronite.

[0:06] >> Good evening. One day after the House

[0:08] voted a big increase in social security

[0:11] taxes, President Carter held out some

[0:13] hope to the American taxpayer. He said

[0:15] he's studying ways of cutting other

[0:17] taxes. Mr. Carter made his remarks by

[0:19] telephone to the National Newspaper

[0:21] Convention in Houston. Bob Schiffer

[0:23] reports from the White House.

[0:26] The president spoke to the Houston

[0:27] meeting on a telephone hookup from

[0:29] Washington. There were no TV pictures of

[0:31] the Washington end of the conversation

[0:33] since the networks would not agree to

[0:34] restrictions on coverage imposed by the

[0:36] White House. In the conversation, Mr.

[0:38] Carter called the increase in social

[0:40] security taxes necessary. He conceded

[0:43] new taxes could put a damper on the

[0:45] economy, but expressed hope that could

[0:47] be offset by other measures. We've got

[0:49] to increase the contributions to the

[0:51] social security system so it won't go

[0:53] broke. And we'll try to compensate for

[0:55] the inflationary impact or the tax

[0:59] increase on working people by other

[1:02] means uh to make sure that the economy

[1:05] is not severely damaged by by this uh

[1:08] action. The president gave no details to

[1:10] the editors, but as he left the White

[1:12] House by helicopter for a weekend at

[1:14] Camp David, officials here said the

[1:16] compensation could take several forms.

[1:18] They said no thought is being given to

[1:20] direct rebates, but they said the tax

[1:22] reform package now being put together by

[1:24] the administration will contain several

[1:26] tax relief measures for those in the

[1:28] lower income groups who would be hardest

[1:30] hit by an increase in social security

[1:32] taxes. If the economy does slump next

[1:34] year, they say the president could still

[1:36] consider additional relief through an

[1:38] acrosstheboard reduction in withholding

[1:40] taxes. Bob Schiffer, CBS News, the White

[1:43] House. The almost 600 Americans jailed

[1:47] in Mexico, many former, many for drug

[1:49] offenses for which there is no parole

[1:51] there, heard good news today. President

[1:54] Carter signed a prisoner exchange bill

[1:56] which allows Americans in Mexican and

[1:58] Canadian jails to finish out their

[2:00] sentences in this country where many

[2:01] will be eligible for parole. Americans

[2:04] in Mexican jails say they are victimized

[2:06] by corrupt prison and court systems

[2:08] there. Mr. Carter also signed a measure

[2:11] that continues federal aid to

[2:13] Indo-Chinese refugees and paves the way

[2:15] for their citizenship.

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