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Most economists including Krugman had regarded the lateth century divergence.

Aug 01, Former Fed Chairman Alan Greenspan said that the push by congressional Republicans to extend the Bush tax cuts without offsetting the costs elsewhere could end up being “disastrous” for the economy.

In an interview on NBC’s “Meet the Press” Greenspan expressed his disagreement with the conservative argument that tax cuts essentially Estimated Reading Time: 2 mins. Alan Greenspan Gives Bush Tax Cut a Boost; Firestorm Over John Ashcroft Rages On Aired January 25, - p.m. ET THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. (BEGIN VIDEO CLIP) ALAN GREENSPAN, CHAIRMAN, FEDERAL RESERVE: Having the tax cut in place may, in fact, do noticeable good.

(END VIDEO CLIP). Oct 23, 33%. Above, %. 35%. a Based on tax brackets for a married couple inrounded to the nearest 1, The 20tax cuts also phased out the estate tax, repealing it entirely in In addition, the tax cuts included three components that are often referred to as “middle-class” tax bushleaning.buzzted Reading Time: 11 mins.

Feb 11, AP Economics Writer. Currently Reading. Greenspan Questions New Bush Tax Cuts. Jan 26, Asked whether Bush's proposal for atrillion tax cut over the next 10 years is the sort of cut he has in mind and whether he supports the plan, Greenspan said it wouldn't be appropriate to. Jul 17, Congress should let all of former president George W. Bush's 20tax cuts expire to cut the long-term budget deficit, former Federal Reserve ch.

Apr 18, With the risk of a national debt crisis lurking over the nation, former Federal Reserve chairman Alan Greenspan can't agree with continuing vast tax cuts. America-hating pantywaist socialist Alan Greenspan:"end the Bush tax cuts" ( 87 More: Interesting, Federal Reserve Chairman Alan Greenspan, Bush Tax Cuts, dot-com bubble, Chair of the Federal Reserve, private money, price indexes, corporate welfare, socialists.