LAWMAKERS
DUKE-intro report on BANK LOBBYING EFFORT to fight automatic TAX WITHOLDING on INTEREST. 16.19.28-C/S Sen. ROBERT KASTEN (R-WI), says the volume of mail is huge over the issue. Shots of letters being sorted by a congressional staffer. Shots of session of SENATE FINANCE COMMITTEE, including BOB DOLE. C/S Sen. DAVID DURENBERGER (R-MN), says its important to collect taxes on people with large interest and dividend incomes to make TAX SYSTEM fair. C/S KASTEN, says the bill is unfair to people who save. M/S KASTEN speaking to audience from SAVINGS AND LOAN INDUSTRY, shots of S/L managers in audience. WERTHEIMER v.o.-bankers urging account holders to write their congressmen to get the law repealed. C/S a credit union manager describing the industry letter-writing campaign. C/S Sen. DURENBERGER, says it's the same thing for INTEREST and DIVIDENDS as it is for wage income, only fair. Sen. KASTEN says the bill is frightening, will hurt savers. Shots of mass of mail in DURENBERGER'S office, C/S DURENBERGER, says he's sympathetic to the people who are writing, but he thinks the BANKS are manipulating the people and not telling them the whole story. 16.24.15-C/S Sen. KASTEN, says the pressure of a massive letter campaign can have an effect. C/S DURENBERGER, says that many Senators will be swayed by the pressure, in this case it's unfortunate. 16.25.09-DUKE/WERTHEIMER, discussion of the banking lobby effort, it may be backfiring on the banks. Shots of BOB DOLE speaking to BANKING industry lunch, DOLE angry at bankers for their campaigns. DUKE/WERTHEIMER discussion of issue. DOLE feels that banks have acted in bad faith after many favors from Congress. DUKE-Sen. GARY HART (D-CO) announced for the 1984 PRESIDENTIAL CAMPAIGN. Intro commentary. 16.27.16-Commentary by Charles McDowell, on Rep. MORRIS UDALL'S (D-AZ) decision not to run for President. Says UDALL keeps threatening to "give politics a good name", it's a shame he won't run for president. Notes UDALL'S sense of humor. 16.28.53-DUKE-signs off. Closing credits/transcript order information/WETA credit/sponsor credits/PBS ID 16.29.48-OUT