Detailed text transcripts for TV channel - MSNBC - 20110519:00:39:00
His re-election campaign, the republican party was wide open to the new ideas driven by thinkers like jude winniski, and so the idea of starve the beast took hold. the beast, of course, being government, starving it meaning cutting its revenue by cutting taxes. heres how alan greenspan, who had worked for president ford, described the purpose of tax cuts in a senate finance committee hearing in 1978. let us remember that the basic purpose of any tax cut program in todays environment is to reduce...
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