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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 17, 1971
Page
2
In Sacramento the State Assembly prepared to vote on a version of a seven billion dollar welfare financing plan for 1971 to 1972. Budget talks show wide gaps between Reagan reform proposals and fiscal experts, with administration claims of savings contested by critics.
SACRAMENTO Democrats push a tax reform plan promising about 40 percent cuts for homeowners while raising business and individual taxes by up to 81.8 billion yearly. It requires a two thirds vote and relies on Republican support to reach the Senate. Schools would gain 250 million, counties 87 million for welfare costs.
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