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Revenue Sharing #224777

CBS Evening News for Tuesday, Sep 12, 1972
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(Studio) Senator considers revenue sharing bill.
REPORTER: Walter Cronkite

(DC) Federal government to share $30 billion with local govts. [Senator Gaylord NELSON - says funds for measure will come from deficit, action which he calls irresponsible.] Fin. committee chairperson Russell Long turns back attacks on bill. Senator Jacob Javits says bill favors South and farm states. Representative Wilbur Mills agrees to Senator version of distribution formula.
REPORTER: Roger Mudd Artist: Aggie Whelan

(Studio) Effect of revenue sharing on selected cities noted: Decatur, Georgia; NYC; Sioux City, Iowa; Spokane, WA; Chicago, Illinois; Las Cruces, NM.
REPORTER: Walter Cronkite

Cronkite, Walter;
Mudd, Roger

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