Presidential Economic Proposals
The guests discussed the 1994 Budget proposal from the Clinton administration and its potential impact on the U.S. economy and deficit. Hodg… read more
The guests discussed the 1994 Budget proposal from the Clinton administration and its potential impact on the U.S. economy and deficit. Hodge mentioned that it was a policy mistake based on the tax increase. Greenstein thought the budget deficit would be reduced while increasing investment. Hodge claimed that the bond market would eventually pick back up but not right away and that the tax increases would slow the economy further. Callers asked about the tax rate, public investment in education and how interest rates would be effected. close
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- Scott Hodge Fellow Heritage Foundation->Budgetary Affairs
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