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Campaign Financing #13856

ABC Evening News for Thursday, Dec 02, 1971
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(Studio) House-Senator Conf. Committee postpones taxpayer-financing of President campaigns, part of tax reduction bill.
REPORTER: Harry Reasoner

(Capitol Hill) [Fin. Committee chairperson Russell LONG - says action a compromise to relieve political accusations.] [Representative John West BYRNES - says postponement gives time for Senator to change bill before it goes into effect.] [Senator Edmund MUSKIE - says President resisted move as Republicans presently well financed.] Democratic candidates pledge to limit funds spent in primary.
REPORTER: Sam Donaldson

(Studio) President Nixon criticizes campaign financial plan.
REPORTER: Harry Reasoner

(DC) News Secretary Ronald Ziegler says Nixon would veto tax bill with campaign cost feature. [NIXON - says tax money should not be used for campaigns, but for fulfilling promises of candidate who comes into office.]
REPORTER: Bill Gill

(Studio) President Nixon once held different view on campaign financing.
REPORTER: Harry Reasoner

(DC) News announcement of Kennedy White House years contains Nixon endorsement of tax credit or deductions for campaign contributions, Kennedy quoted as having said he and Nixon agreed on reform measures to keep vested interests from campaign financing.
REPORTER: Bill Lawrence

Reporter(s):
Donaldson, Sam;
Gill, Bill;
Lawrence, Bill;
Reasoner, Harry
Duration:
00:05:30

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