claim: in 2001, former federal reserve chairman alan greenspan "justified increasing spending and cutting taxes, saying that we didn't really need to pay down the debt."
author: hillary clinton
evidence_1: oct 2, 2017 ... major step towards $1.5 trillion in deficit-increasing tax cuts ... one main justification for the 2001 bush tax cuts was a wave of projected budget ... federal reserve chair alan greenspan cited the potential ... charles grassley argued that “we can pay down the national debt. we have a tax surplus.
evidence_2: mar 2, 2005 ... for the past eighteen years, the ozlike **alan greenspan** has used his position as chairman of the federal reserve to push, behind the scenes, ... even when he does speak publicly, he says very little: twice a year, he emerges .... we were waiting for a court, and i had just been down to reagan's second ...
evidence_3: jan 25, 2001 ... fed chairman alan greenspan testifies before the senate budget committee ... by the increases in productivity growth and taxable incomes that have changed ... goal of paying off the federal debt is in reach before the end of the decade. ... now, we know how greenspan feels about reducing surpluses via ...
evidence_4: sep 6, 2009 ... neither side was prepared to cope with an economy that went off the rails .... anna schwartz, argued that if the federal reserve had done its job .... not least among these was alan greenspan, who was then the fed chairman and a .... in government spending or taxes — was needed to fight recessions.
evidence_5: tax cuts and large spending increases at the same time, has caused some former ... kudlow tells me that he remembers first hearing the phrase starve the beast from .... on july 14, 1978, alan greenspan, who had lately been chairman of the council of ... scratch their heads and say, “my god, that's terrible; we have got to do.