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Analysis (Local, State, Federal Problems) #236957

CBS Evening News for Friday, Jan 31, 1975
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(Studio) Problems of cities interlaced with those of state and federal government
REPORTER: Walter Cronkite

(DC) Theory of robbing Peter to pay Paul works vertically from local to federal government As federal government reduces taxes, local and state govts. to increase taxes. More taxes on property and more relief for very poor seen as-coming trend. "DC Star News" employees along with some from Pan American and New York municipal workers willing to forego pay raises and benefits to save jobs for others. Spreading of this "share poverty program" could greatly help country
REPORTER: Eric Sevareid

Reporter(s):
Cronkite, Walter;
Sevareid, Eric
Duration:
00:02:40

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