Paulson: Bailout Plan 'Adjusted' To Reflect Crisis (It's all good...)

Posted by admin / Under Adjusted Gross Income

Paulson: Bailout Plan 'Adjusted' To Reflect CrisisTreasury Secretary, Fed Chairman Defend Bailout Management Nov 18, 2008 11:15 am US/Pacific WASHINGTON (AP) - Treasury Secretary Henry Paulson told Congress Tuesday he opposes tapping a $700 billion taxpayer-funded pool to help struggling U.S. automakers as he and Federal Reserve Chairman Ben Bernanke defended their management of the bailout program, just one week after the administration abandoned the original strategy behind the rescue. Although having a U.S. auto company fail during such a fragile time for the economy would not be a "good thing," Paulson told the House Financial Services Committee that he...

Published on Tuesday 22nd of May 2012 08:26:48 AM

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Making Choices: Exploring The Tax Issue

Posted by admin / Under Adjusted Gross Income

October 20, 2004 Making Choices: Exploring The Tax Issue by Chris Edwards Chris Edwards is director of tax policy at the Cato Institute. Whether one supports or opposes President Bush, his policies are easy to understand because he chooses a course of action and sticks to it. Americans certainly know where Bush stands on taxes -- his string of five tax cuts in four years is unprecedented. Ronald Reagan is remembered as being a big tax cutter, but he only cut taxes once, in 1981, then enacted a series of tax increases in following years. Bush's tax cuts have provided...

Published on Tuesday 22nd of May 2012 08:26:48 AM

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