Walter Cronkite of it." Cronkite also angered the R. J. Reynolds Tobacco Company, the show's sponsor, by grammatically correcting its advertising slogan. Instead of saying "Winston tastes good like a cigarette should" verbatim, he substituted "as" for "like." He was the lead broadcaster of the network's coverage of the 1960 Winter Olympics, the first-ever time such an event was televised in the United States. He replaced Jim McKay, who had suffered a mental breakdown. On April 16, 1962, Cronkite succeeded Douglas Edwards as anchorman of the CBS's nightly feature newscast, tentatively renamed "Walter Cronkite with the News", but later the "CBS Evening
Walter Cronkite added to the McCain-Feingold-Shays-Meehan Campaign Finance Reform Act of 2001 that would have required TV broadcast companies to provide free airtime to candidates. Cronkite criticized the present system of campaign finance which allows elections to "be purchased" by special interests, and he noted that all the European democracies "provide their candidates with extensive free airtime." "In fact," Cronkite pointed out, "of all the major nations worldwide that profess to have democracies, only seven – just seven – do not offer free airtime" This put the United States on a list with Ecuador, Honduras, Malaysia, Taiwan, Tanzania, and Trinidad and Tobago.