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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Oct 04, 1973
Page
5
Governor Reagan asserted his tax ceiling would still let California grow the next budget to about $10 billion, a $600 million increase, the smallest rise in years. Finance Director Verne Orr noted the plan could allow a $400 million bump, but warned that does not guarantee such a rise.
Sacramento reports that Moretti and Brown condemned the tax-limitation initiative as deception and a smoke screen. They accused Reagan supporters of misleading the public about costs, citing a Finance Department memo estimating 25.9 million dollars for election costs.
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