ABC Evening News for Monday, Jul 01, 1996
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(Studio: Peter Jennings) The weekly look at how the government spends taxpayers' money introduced.
(Washington: John Martin) Supreme Court ruling on the government contract with savings and loan institutions in the 1980s examined; details recalled of the complicated government deal to clear up the savings and loan situation in the 1980s. [Editor and legal analyst Anita RICHARDSON - says "a contract is a contract."] The estimated cost in billions to taxpayers from the other similar lawsuits in the courts cited. [Attorney Charles COOPER - blames Congress and the Bush administration.]
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