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Economy / Housing Starts / Air Force Base Closures #243381

CBS Evening News for Tuesday, Nov 16, 1976
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(Studio) Govt. reports hsing. starts and permits fell in October; decline in industry production in September and October noted. Budget cutting for next year may affect economy adversely in some areas depending on fed., especially military, expenditures.
REPORTER: Walter Cronkite

(Chippewa Cnty., Michigan) Report on possible closure of Kincheloe Air Force Base in Chippewa Cnty., Michigan. [Base commander Colonel Bill THORNTON - says if cut is made, base to go will be 1 to save most money.] In Rudyard, Michigan, major of junior and senior high school students are of military families; economic effect on business, education and federal programs of base closure noted. Air Force statements with regard to matter noted. [MAN - says base closure would wipe everything out.] Air Force will announce decision by February
REPORTER: Jackie Casselberry

Casselberry, Jackie;
Cronkite, Walter

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