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State Fin. Situations #14344

ABC Evening News for Tuesday, Feb 02, 1971
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(Studio) California Governor Reagan sends budget to legislature eliminating cost of living increases for state employees, cutting welfare spending, holding University of California to current state support; budget calls for no new taxes. New York Governor Rockefeller asks $1.1 billion tax increases in budget.
REPORTER: Harry Reasoner

(Albany, New York) Construction cost state office bldgs. up from $400 million to $1 billion; contractors and state suits for delays cause increases [Legis. Albert BLUMENTHAL - says $1 billion could build more useful things.] [ROCKEFELLER - points out all great projects criticized during construction.] Rockefeller reports New York financial crisis requiring $1.1 billion tax increase
REPORTER: Gregory Jackson

(Studio) Pennsylvania Governor proposes 5% income tax to prevent bankruptcy.
REPORTER: Harry Reasoner

Jackson, Gregory;
Reasoner, Harry

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