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Federal Election Commission / Campaign Funds #488445

NBC Evening News for Thursday, May 27, 1976
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(Studio) Federal Election Commission tells Senator Birch Bayh, Ellen McCormack, Sargent Shriver, Fred Harris, Senator Henry Jackson and others that they are ineligible for more matching campaign funds after June 24 because they each received less than 10% of vote in last 2 active primaries. Federal Election Commission gave out $800,000.
REPORTER: John Chancellor

(DC) Republicans spent $20 million in president primaries; Democrats spent $30 million.
REPORTER: James Polk

(No location given) Ford to cut back on campaigning because no more than $13 million can be spent before conv.; he's already spent $11 million. Ronald Reagan using $500,000 of bank loans to stay even while awaiting federal funds. [Reagan campaign treasurer Henry BUCHANAN - notes amount of campaign funds Reagan organization will use.] Jimmy Carter is $1 million in debt; he's spent $6 million.
REPORTER: James Polk

(DC) George Wallace spent $7 million and Jackson spent $6 million.
REPORTER: James Polk

Reporter(s):
Chancellor, John;
Polk, James
Duration:
00:02:10

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