"Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here."

Tax Cuts

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Economist

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About Alan Greenspan

Alan Greenspan is an American economist who served as chairman of the U.S. Federal Reserve from 1987 to 2006.

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