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Reuss Sees GOP Backing for NYC Loan Guarantees
Rep. Henry S. Reuss said several Republican lawmakers unhappy with Ford’s stance on NYC loan guarantees would back the House Banking Committee measure. The plan would provide seven billion dollars in federal guarantees over 14 years, require NYC to balance its budget, and place finances under a five member federal panel.
MENTIONED IN THIS ARTICLE
New York
Henry S. Reuss
Ford
New York City
House Banking Committee
Joe McCarthy
Wisconsin
Upstate
Reuss
Morris K. Udall
Coalition of
Concerned Citizens of
Greater Flushing
Queens
Milton J. Shapp
Pennsylvania
Fred Harris
Oklahoma
Robert Abrams
Bronx
Birch Bayh
Indiana
Hugh L. Carey
Abraham Beame
Rockefeller
Carey and Beame
Tively
House
Banking, Currency and Housing Committee