NBC Evening News for Thursday, Jan 20, 1972
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(Studio) Budget contains billions of dollars in subsidies.
REPORTER: John Chancellor
(DC) Subsidies amount to 25% Federal Budget; pmts. voted by Congress to improve econ. position of particular industry or group. Given to groups with political power. [Former Budget Director, Charles SCHULTZ - describes how groups pressure for money.] Maritime and airplane industries cited.
REPORTER: Irving R. Levine
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.