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...know, Paul, Reagan proved deficits don't matter," Vice President Dick Cheney famously told George W. Bush's first Treasury Secretary, Paul O'Neill. Cheney, who rarely allows facts to get in the way of a good ideology, was retailing a myth. Ronald Reagan is remembered for the massive tax cuts passed during his first year in office. But since deficits do matter - and since Reagan's so-called supply-side cuts blasted an enormous hole in the budget - the President had to come back in 1982 with the largest peacetime tax increase in American history: the Tax Equity...

Author: /time Magazine | Title: Health Care: Do the Right Thing on Taxes | 10/29/2009 | See Source »

...asked: If Wali Karzai was in fact so valuable an asset over the past eight years that his drug-running was at best treated with a "Don't ask, don't tell" policy, why has Afghanistan's situation steadily deteriorated? The Taliban, dismissed by Vice President Dick Cheney in 2002 as "out of business, permanently," is back in force. Part of that strength comes from a drug trade that has skyrocketed from 185 metric tons of heroin produced in 2001 to more than 6,000 metric tons this year, according to the U.N. Office on Drugs and Crime...

Author: /time Magazine | Title: Karzai's Problem Brother: Drugs, Spies and Controversy | 10/28/2009 | See Source »

...Given the risks of mass vaccination, the decision to launch a program can be fraught. According to Jacob Weisberg's book The Bush Tragedy, President George W. Bush and Vice President Dick Cheney were split in 2002 over whether to administer a nationwide smallpox vaccination program in the U.S. Cheney said that doing so would be a prudent counterterrorism step. Bush overruled him because the program could have resulted in dozens of deaths. (Statistical analysis has shown that the smallpox vaccine kills between one and two people per million inoculated.) Health officials don't always get the decision right...

Author: /time Magazine | Title: Weighing the Risks of Mass Vaccinations | 10/1/2009 | See Source »

...television. I don't really understand it, I just do my own show. I get up and just rant about whatever turned up that day. It's the beauty and curse of doing a daily show. Some days you've got nothing to talk about and other days Dick Cheney shoots his lawyer in the face and everyone is happy...

Author: /time Magazine | Title: Late Night Host Craig Ferguson | 9/18/2009 | See Source »

9/11 • detailed account of the ignoring by Bush, Cheney, Tenet, Rice and Rumsfeld of the increasingly ominous warnings about the imminence of the attacks that took place...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 9/18/2009 | See Source »

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