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Revenue Sharing #542392

NBC Evening News for Sunday, Mar 17, 1985
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(Studio) Report introduced
REPORTER: John Palmer

(DC) Richard Nixon recalled signing revenue sharing into law in 1972. [October 20, 1972, NIXON - announces plan.] Economic benefits for cities from revenue sharing and reaction to President Reagan's effort to eliminate program examined; income from plan for several cities listed. [1983, REAGAN - praises revenue sharing program.] [March 4, 1984, REAGAN - criticizes program.] Revenue sharing's impact on Champaign, Illinois, detailed. [Mayor Robert DODD - believes citizens oppose incrd. taxes to compensate for losing revenue sharing.] Projects revenue sharing is used for in Palm Beach and Beverly Hills, and their per capita income, noted. [Representative Thomas O'NEILL - thinks program will ultimately disappear.] [Senator Robert DOLE - agrees.]

Kur, Bob;
Palmer, John

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