Goldstein in 10th term

January 24, 1995

Louis L. Goldstein began his unprecedented 10th consecutive term as Maryland's comptroller yesterday, as 300 friends, family and state political leaders gathered in the House of Delegates chamber in Annapolis to watch him take the oath of office.

The 81-year-old Democrat from Calvert County urged state lawmakers to resist what he called the "tax-cut fever" sweeping the nation this year. He warned that a state tax cut now, coupled with proposed federal tax and spending cuts, could jeopardize Maryland's credit rating, costing taxpayers millions of dollars in higher interest.

Mr. Goldstein, who was first elected comptroller in 1958, also recommended a return to a two-year cycle the state used when voters first elected him to the House in 1937 but abandoned for an annual budget after World War II.

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