WASHINGTON -- State and local finance could be both hurt and helped if recommendations contained in two major proposals released this week were enacted by Congress, state and local lobbyists said yesterday.

One proposal recommended by President Clinton's Bipartisan Commission on Entitlement and Tax Reform would eliminate the federal tax deduction for state and local income taxes -- a move that would increase pressure on state and local governments to reduce taxes, said Reggie Todd, legislative affairs director for the National Association of Counties.

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