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Aired: Monday, September 24, 2007 10-11AM ET
By host Tom Ashbrook
Death and taxes are the two sure things, they say. In the last week, the storm's been brewing on the tax front. Former Fed chair Alan Greenspan re-emerged to say he never meant to sanction all of George W. Bush's big tax cuts and the GOP-led spending that rolled right on.
Treasury Secretary Hank Paulson told Congress the federal debt ceiling needs bumping over $9 trillion dollars. New health care plans are pointing to higher taxes for the high income. War costs are nearing $3 billion dollars a week.
This hour, On Point: crunch time and the unspeakable, your taxes, and the next president.
| · | William Gale, vice president and director of economic studies at the Brookings Institution, co-director of the Tax Policy Center, and author of the forthcoming "Taxing the Future: Fiscal Policy in the Bush Administration" | | · |
Andrew Samwick, former chief economist on the staff of the President's Council of Economic Advisers, 2003-2004, and currently a professor of economics at Dartmouth College | | · |
John Harwood, chief Washington correspondent for CNBC and a columnist at The Wall Street Journal |
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