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Article: Economic, Political Advisers Collide Over Clinton's Middle-Class Tax Cut
- Article from:
- The Washington Post
- Article date:
- September 11, 1994
- Author:
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In February 1992, we learn from Bob Woodward's account in "The
Agenda," political adviser Paul Begala turned to Bill Clinton,
already having doubts about his proposal for a middle-class tax cut,
and said: "Governor, these people are hurting. The middle-class tax
cut is hope and cash for them."
James Carville, running Clinton's primary election campaign in
New Hampshire, chimed in: "All the wrong people are against it, so
it must be right."
But Clinton, responding to the warnings of his economic
advisers, began to modify his commitment to a middle-class tax cut.
And by the time he took office, with Robert Rubin in place as head
of the economic policy team, Lloyd Bentsen as Treasury ...