Carter calls for a tax cut of 25 billion dollars, bringing cuts to 96 percent of the taxpayers; reports the U.S. is sound militarily, politically, economically and spiritually; calls for limiting the role and functions of government; cites the lowest unemployment rate since 1974 and the diminishing rate of inflation; says the standard of living is up for almost all Americans; calls for clearer writing in government documents; says U.S. foreign policy if it errs at all, should err in the direction of being overly candid; discusses SALT talks, Panama, and the Middle East. With John Hart, James Malloy, and Tip O'Neill.
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