Bush Nominee May Have Some Sense on Tax Cuts

Henry Paulson, Bush's nominee for the position of Treasury Secretary, differs from the President in that he does not believe tax cuts pay for themselves. While Bush (as well as a number of Congressional GOP leaders) have falsly claimed that tax cuts can pay for themselves, it seems that Paulson has some sense. He told the Senate Finance Committee recently, "As a general rule, I don’t believe that tax cuts pay for themselves." More information at Think Progress.
back to Blog