California faces tax reform push amid energy crisis losses
Sacramento report warns energy shortages threaten state and local budgets with lagging highway funds and reduced revenue. Analysts forecast a slower 1974 economy, potential cuts in state programs, and no immediate tax increases as lawmakers draft reform plans to close gaps affecting welfare, local taxes, and oil depletion rules.
MENTIONED IN THIS ARTICLE
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Sacramento
Highway Fund
Post
Orr
California
Reagan
William Bagley
Bagley
R-San Rafael
Assemblyman
Lawrence
Kapiloff
D-San Diego
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