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Federal Election Commission Campaign Funds / Ford #488225

NBC Evening News for Tuesday, May 11, 1976
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(Studio) President Ford signs legislature freeing federal matching campaign funds to pres. candidates.
REPORTER: John Chancellor

(DC) Ford signs bill despite dislike of some regulations. Attorney General to test const. of provision in courts that lets Congress veto any FEC regulation. Ford studied bill for week Republican Congmen. urged Ford to sign so it wouldn't appear he was trying to keep political funds from Reagan. [Representative Guy VANDER JAGT - says wanted to avoid appearance of personal advantage for Ford.] Ford campaign to collect $865,000 this week Ford campaign coming close to limit set up for campaign spending. Some workers take pay cuts; others fired.
REPORTER: John Cochran

(Studio) $3.8 million available to president candidates. Action by Congress and President in delaying funds may have changed campaign.
REPORTER: John Chancellor

Chancellor, John;
Cochran, John

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