Federal aid for New York City sparks national backlash
The article argues federal funding for New York City's deficits shifts costs to nationwide taxpayers. It cites high city payrolls, free tuition for 275000 City University students, welfare at 3.5 billion yearly, and 1.8 billion annual debt service. It notes banks like Chase Manhattan and Citibank hold much of the 14.6 billion debt and criticizes Rockefeller influence. It ends urging rejection of federal aid while listing a classified car sale.
MENTIONED IN THIS ARTICLE
City University
New York City
Atlanta
Chicago
Philadelphia
New York
San Francisco
Boston
Minneapolis
Chase Manhattan
Citibank
Ford
Nelson Rockefeller
Rockefellers
America
Washington
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