Professional Soldiers ® - View Single Post - The $12 trillion misunderstanding: Whose budget blunder?

Dad · 07-26-2012, 12:49

it was, I believe, because of that "long term" that George W's first Secretary of the Treasury, Paul O'Neill, was opposed to the tax cuts. He felt we should pay down debt while we could. Soundly defeated on that issue he lobbied for a trigger mechanism if congress could not contain spending. Again, soundly defeated. Some say because of his stances Cheney lobbied behind his back to destoy his credibility.

07-26-2012, 12:49	#9
Dad Guerrilla Join Date: Oct 2007 Location: Texas Posts: 365	it was, I believe, because of that "long term" that George W's first Secretary of the Treasury, Paul O'Neill, was opposed to the tax cuts. He felt we should pay down debt while we could. Soundly defeated on that issue he lobbied for a trigger mechanism if congress could not contain spending. Again, soundly defeated. Some say because of his stances Cheney lobbied behind his back to destoy his credibility. Last edited by Dad; 07-26-2012 at 13:42.
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