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New York City Aid / Ford / Reaction #480427

NBC Evening News for Wednesday, Nov 19, 1975
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(Studio) President Ford says no to aid for New York City now.
REPORTER: John Chancellor

(DC) Ford pressures New York legislature to pass its own rescue package [Press Secretary Ron NESSEN - says if New York conts. to move toward fiscal responsibility, all involved can look forward to satisfactory resolution. Ford will review situation next week to see about federal aid, if progress made.] [New York Governor Hugh CAREY - says Ford wanted more than his pledge.] Ford wants New York legislature to act 1st and then he'll act. Legis. must okay higher taxes.
REPORTER: Tom Brokaw

(DC) [Chairperson Banking Committee Representative Henry REUSS - says Ford thinks he has to out-Reagan Reagan.] [Senator Jacob JAVITS - says President finds it difficult to depart from his position.] Democratic leaders say they can pass bill to help New York City but can't override Ford veto.
REPORTER: Catherine Mackin

Brokaw, Tom;
Chancellor, John;
Mackin, Catherine

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