Willie Nelson sings this version. Yes, the title of this post spells it correctly (video title is wrong). From Wikipedia:
“Living in the Promiseland” is a song written by David Lynn Jones, and recorded by American country music artist Willie Nelson. It was released in February 1986 as the first single from the album The Promiseland. “Living in the Promiseland” was Willie Nelson’s twelfth number one single on the country chart as a solo artist, spending one week at number one and twenty weeks on the chart.
Last night (Nov. 18, 2015) Willie received the Gershwin Prize from the Library of Congress and performed the song during the tribute concert, as I learned from the following tweet. I wish I’d been there, although I would have cried my eyes out. The entire concert will be broadcast on PBS on January 15, 2016, so be sure to watch.
— Michael Bowman (@MichaelBowman77) November 19, 2015