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Revenue Sharing #22383

ABC Evening News for Wednesday, Sep 13, 1972
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(Studio) Senator passes its version of Nixon revenue sharing bill. House-Senator Conf. Committee works on compromise.
REPORTER: Howard K. Smith

(DC) Bill will bring tax changes, benefits to smaller states. Ohio Senator Taft complains it's unfair to large states. [Senator Charles PERCY - says Illinois will be short-changed too.] Cities and states to receive $30 billion from federal revenue in 5 years May reduce property taxes.

(Studio) Large and small cities will spend revenue differently.
REPORTER: Harry Reasoner

(Newton, Massachusetts, and Newark, New Jersey) 2 cities cover same areas, but have different amts., types of population [Newton Mayor Theodore MANN - says money will be spent to fight crime, improve environmental] [Newark Mayor Kenneth GIBSON - says money needed to maintain basic services. No improvements, badly needed in health, education, and housing, will be effected.]
REPORTER: Carol Jenkins

Clark, Bob;
Jenkins, Carol;
Reasoner, Harry;
Smith, Howard K.

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