The American Spectator

home
ADVERTISEMENT
Washington Prowler
Print Email
Text Size

Washington Prowler

Paulson Gives Pause

Is the next Treasury Secretary on board with Bush tax policies?

White House staff and outside aides who assisted Treasury Secretary nominee Henry Paulson with his murder boards were holding their breath on Tuesday during his confirmation hearing.

According to sources familiar with the prep sessions with Paulson, the former Wall Street executive and well-known supporter of and financial contributor to Democrats could not get in line with the Bush administration's support for ending the estate or "death" tax, and permanent extension of the capital gains tax and other tax cuts that are due to expire in the next three years.

"He does not personally support them or believe in them," says a person familiar with Paulson's thinking. "And during the murder boards he kept presenting his personal views and not those of the Treasury Department or President Bush. It was a challenge to get him thinking like a team player."

Maybe they should forget about getting him to think like a "team player" and get someone who thinks if not like a fiscal conservative, then at least a Republican.

Paulson is expected to be confirmed by the full Senate, though his performance in the Senate left much to be desired. His comments regarding tax policy were in line with comments made by other Treasury officials before Congressional bodies.

Letter to the Editor Leave a comment

Leave a Comment

N.B. We encourage readers to share and discuss their thoughtful and relevant comments about this Spectator article. Comments are routinely monitored and will be deleted if profane, bigoted, or grossly impolite. Please be respectful. (And don't feed the trolls!) Thank you.

More Articles by The Prowler

More Articles From Washington Prowler

http://spectator.org/archives/2006/06/28/paulson-gives-pause
ADVERTISEMENT

Clip of the Day

Most Popular Articles

Who Castrated Ann Coulter?

David Catron | 2.6.12

The Delousing of a Movement

R. Emmett Tyrrell, Jr. | 2.9.12

Bigoted Barack, Red in Tooth and Clause

George Neumayr | 2.10.12

Justice Ginsburg Should Resign

William Tucker | 2.8.12

Coulter Care

Peter Ferrara | 2.8.12

Unsafe at Any Smoke

Eric Peters | 2.10.12

Middle-Aged Man Takes a Holiday

Christopher Orlet | 2.9.12

ADVERTISEMENT