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Inflation Pinch Delayed for State Budgets Says Officials
Officials surveyed by The Associated Press expect state governments will not feel inflation’s bite for at least a year. 1974 state tax revenues rose 8.9 percent while prices climbed 10.9 percent, risking budget surpluses and prompting talks of tax increases or service cuts.
MENTIONED IN THIS ARTICLE
Associated Press
Commerce Department
Florida
Wallace Henderson
Richard D. Lamm
Colorado
Mills E. Godwin Jr
Virginia
California
A. Alan Post
Massachusetts
Edwin T. Hebert
Rhode Island
John C. Murray
Rhode Island Board of Regents
Michael S. Dukakis
Thomas Fugate
Wendell R. Anderson
Minnesota
Robert D. Ray
Iowa
Philip W. Noel
Connecticut
Utah
Vermont
Missouri
New York
Ohio
Indiana
North Dakota
Nevada
Wyoming