Old Washington Hands Break with GOP Leaders on Bush-Era Tax Cuts

Old Washington Hands Break with GOP Leaders on Bush-Era Tax Cuts

thehill.com — A number of old Republican hands warning of a deficit crisis have split with the GOP leadership over extending the George W. Bush-era tax cuts.

Sen. George Voinovich (R-Ohio), President Reagan’s budget chief David Stockman and former Federal Reserve Chairman Alan Greenspan have each argued that extending the tax cuts — set to expire at year’s end — would increase the nation’s $13 trillion debt.

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