Word: darman
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Dates: during 1980-1989
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...started going into the numbers finally, and they're enormous. I've been sitting down with ((Budget Director-designate Richard)) Darman, going over the realities of the budget that we face. There are constrained resources. Those who want to measure your concern or compassion purely by federal money may find some disappointment...
...Darman has discussed some options for raising revenue short of higher income taxes. Do you construe such changes as breaking your "no new taxes" campaign promise...
While Boskin seems assured of having Bush's ear, he will have to share it with two other, better-known members of the President's economic team: Richard Darman, the designated head of the Office of Management and Budget, and Nicholas Brady, the Treasury Secretary. Darman has already emerged as Bush's chief strategist for the coming slugfest with Congress over the budget deficit; Brady, a close friend of the President's, has staked out Wall Street reform and U.S. competitiveness as his turf. But Boskin may hold his own; he has a rapport with the President that Darman lacks...
Bush promised last week to reveal ideas for reducing the deficit at a special joint session of Congress shortly after his Inauguration. He has also asked House and Senate leaders to join him in early budget talks. Bush's designated budget director, Richard Darman, has discussed with Republican leaders the idea of dividing the budget into five to 20 categories, such as "national security" and "health care," and putting an overall spending limit on each. Added together, the reductions would slice the deficit to $100 billion. It would be up to Congress to fill in the blanks by deciding which...
...deficit-cutting targets without new taxes, but avoid the need to identify specific programs for the budget ax. That is precisely why key Democrats like Mitchell and House Budget Committee Chairman Leon Panetta dismiss the vague outline as a political ploy. Last week even some Republican officials urged Darman and Bush to go a half-step further and list "broad proposals" to reform Medicare and farm subsidies. But like any smart cardplayer, Bush has no intention of showing his hand...