federal tobacco buyout Subsidies federal tobacco buyout Census Reveals

M., Lee, J

The discussion motivating such a coalition involves possible repeal or modification of the Gann spending limit, the constraints on the budget process imposed by Proposition 98 [which required that a specified fraction of state revenues be spent on education], and other constraints such as entitlement programs and automatic cost of living adjustments

However, given the geographic and banding mix of penetration (sizeable volumes in high pack price regions and a skew to premium positioning in all markets) the true TIRSP value of the segment is likely more like US$15 billion or perhaps even higher

de Groot AC