"Mayor Tom Bradley’s press conference on revenue and the Olympics"

In a press conference, Mayor Tom Bradley discusses revenue sources and their financial impact on the city. He specifically talks about seeking additional access to the state sales tax as a long-term source of revenue, as well as grants from Washington, revenue sharing, and how the city managed to avoid massive layoffs. Bradley also briefly talks about the Olympic Games to be held in Los Angeles, and how the City of Los Angeles will not be financially responsible for promoting the games. Clip includes silent footage of press conference, and shots of reporters, including KTLA’s Stan Chambers.