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Politics

>> PAUL RYAN Latest News

MAR 01, 2013 - The Nation

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Gotta Sequester? Or Was Cheney Right That "Deficits Don't Matter"?

After the Republicans gained control of the U.S. Senate in the 2002 election, giving them across-the-board dominance of the legislative and executive branches of the federal government, the key players in the administration of President George W. Bush gathered to discuss fiscal policy. Vice President Dick Cheney wanted to cut taxes for the rich. Treasury Secretary Paul O’Neill was skeptical. According to his recounting of the incident in Ron Suskind’s brilliant book, The Price of Loyalty, O’Neill expressed concern that a trillion dollars worth of tax cuts had already been ... Read More

Tags: Gotta Sequester? Or Was Cheney Right That "Deficits Don't Matter"?,  Paul Ryan Latest News