NBC Evening News for Tuesday, Jul 08, 1975
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) Report on secret expense funds.
REPORTER: John Chancellor
(DC) In 1952, Senator Richard Nixon, almost had career ended by controversy from $18,000 fund raised by busmen. 1952 film shown. [NIXON - says morally wrong if secretly given and handled.] This type of expense fund common on Capitol Hill. Estimated: 1/2 congress members have secret funds to pay for costs not covered by congress expense allowance. Pays for: newsletters, office expense and travel; can be pocketed. Comes from: lobbyists, business and labor. [Common Cause Fred WERTHHEIMER - says campaign finance laws can be evaded with secret fund. It creates conflicts of interest and improper influence.] [Representative Richard FULTON - tells how he told trucking lobby to make out contribution to office account as he bad no opponent.] House ethics committee works with bill for-full disclosure of expense funds. Considers ban on corporate and union gifts. bed. Election Commission requires public reports
REPORTER: James Polk