California Senate OKs 7.37 billion budget with 730 million deficit
The Senate approved a 7.37 billion budget including a 730 million deficit that would push a typical California family’s taxes higher. Assembly cut 247 million, sending it back to Senate for closed-door conference with five lawmakers to reach final approval before governors sign.
MENTIONED IN THIS ARTICLE
Senate
California
Assembly
Fred Marler
Redding
Randolph Collier
Yreka
Marler
Reagan speaks on taxes at Boy's State session
Governor Reagan told 23 teenage delegates that his lack of state income tax in 1970 came from legitimate deductions for charity and church donations medical expenses and losses from cattle investments and failing businesses. He argued these private finances are personal and not public, and noted antiwar rallies are unpatriotic while addressing mock city county and state officials at the American Legion run Boy's State workshop.
MENTIONED IN THIS ARTICLE
Sacramento
Reagan
Pye
The
American Legion
California power bill advances elections chief role
The California Assembly narrowly approved a bill to make the secretary of state the chief elections officer. Republicans said the measure granted extra powers to the secretary, while Henry Waxman denied that. The bill passed 41-24 in a tight vote and goes to the Senate.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Assembly
State ok to borrow up to 600 million in notes
Sacramento move grants Hedgan administration authority to issue revenue anticipation notes to banks or private finance houses up to 600 million to cover cash needs this year. The bill passed the Senate and Assembly and heads to Gov Steagan for final approval.
MENTIONED IN THIS ARTICLE
Reagan
Senate
Assembly
Sacramento
Hedgan
Assembly Democrats
Steagan
Donald Grinsky
R-Watsonville
Tts
Reagan cites welfare reform savings easing family cost rise
The speaker argues that lower issue estimates and revised welfare reform savings would lessen a roughly 60 dollar per family increase. Reagan counters with claims about fiscal plans and policy impact.
MENTIONED IN THIS ARTICLE
Reagan
Assembly
Iue
Budget plan relies on withholding taxes and reforms
The proposal argues the budget can be financed without new taxes if the Legislature enacts payroll withholding of state personal income taxes and approves welfare reforms.
Also Mentioned on This Page
Phas Assembly
House
State Finance Department
Collier
Oppenheimer Industries Tnc
Kansas City
Cale
Vietnam
Paul NcCloskey
San Mateo County
Nixon
Lynns Ser
Long Beach
Pine
Betsy Ross
Raily
MON
FBI
Pacific Coast Hwy
Lee Ryan D
Wilfrie
E.) Shute
M.D
Betty Lee Morales
Long Bunch Memorial
Devan Bird
Harry Oh
UPER
Aeolian Corp
Tmente
Wackdors
Atlantic Ave
Baldwin
Piang & Organ CO
Rochborne
Torrance
Carson
Towncraft
Fortress palyester/carton
Penneys
Novsag
Ronneys
Penney
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