Graham Watt discusses federal revenue sharing and 1975 budget
October 3, 1974 - Graham Watt, director of the Federal Office of Revenue Sharing, discusses possible, yet at the time unknown, cuts and/or reduction of expenditures to 1975 or 1976 federal budgets to alleviate concerns of inflation. Concerns from local and state governments regarding federal moneys and potential losses to revenue sharing are also discussed.