DN! Greenspan Opposes More GOP Debt - Keeping Unfunded Tax Cuts on Wealthy

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
500 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Aug 2, 2010

Greenspan Opposes Keeping Bush's Tax Cuts on Wealthy

Former Federal Reserve chair Alan Greenspan has come out in favor of letting the Bush administration tax cuts for the wealthiest Americans expire. Appearing on Meet the Press, Greenspan said the tax revenue is needed to reduce the federal budget deficit. Alan Greenspan: "I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money. And, at the end of the day, that proves disastrous. And my view is I don't think we can play subtle policy here."

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (3)

Sign In or Sign Up now to post a comment!
  • Neither Bush's or Reagan's tax cuts created jobs and Bush's tax cuts for the wealthiest 2% added $678 billion to the deficit. Please sign the petition to make sure these tax cuts are not extended: cut and paste dccc.org/page/s/taxcuts

  • Now accepting applications for the position of chief financial bullshiter. If interested please contact the GOP at the the offices of :Who is paying us this week, K Street, Washington DC.

  • Uh-Oh, Republicans ain't gonna wanna hear that!

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more