WebOct 5, 2000 · Cheney to Treasury: "Deficits don't matter" Former Treasury Secretary Paul O'Neill was told "deficits don't matter" when he warned of a looming fiscal crisis. O'Neill, fired in a shakeup of Bush's economic team in December 2002, raised objections to a new round of tax cuts and said the president balked at his more aggressive plan to combat ... WebJan 28, 2024 · In 2003, during the Bush Administration’s efforts to pass the second round of tax cuts, Vice-President Dick Cheney famously said that “Reagan proved that deficits don’t matter.” Cheney was arguing that tax cuts would generate enough additional economic activity to offset any increase in the debt incurred by tax reduction, making the ...
Deficits Don
WebOct 23, 2024 · Debt is the amount of money owed to someone else. A deficit refers to negative net money taken in over the course of some period. Both the national debt and … WebDeficit definition, the amount by which a sum of money falls short of the required amount. See more. poncho garment origin
Reagan Proved Deficits Don
WebMar 27, 2009 · Published March 27, 2009 8:19PM (EDT) Dick Cheney once observed that "deficits don't matter," which may well have been the most honest phrase he ever uttered. His words were at least partly true ... WebApr 26, 2011 · The public debt is the people's money. Former Vice President Dick Cheney famously said, "Deficits don't matter." A staunch Republican, he was arguing against … WebNov 25, 2007 · Cheney calls Social Security and Medicare "the deficit I'm really worried about." Yet as Cheney concedes, he and the President "couldn't move that ball very far down the field." The education of a ... poncho gallah cockatoo