Word: darman
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...members of Congress are cyncial about Bush's expected proposal, they say they are optimistic about Bush's advisers. Director of the Office of Management and Budget Richard G. Darman '64, for one, is well-respected on Capitol Hill, according to Wirth...
...Darman is very smart," says Wirth. "He understands the problems and he's very pragmatic. I'm sure he'll have a significant influence on the administration...
...surprise, then, that a careful reading of Darman's statements (which also hinted at few, if any, dollars for the President's "kinder, gentler" programs) led some to conclude that he was allowing the Administration considerable wiggle room to raise taxes without using the dreaded T word. Watching Bush and Darman play out the game may become a full- time occupation. They could succeed. Congress is not eager to force legally mandated across-the-board budget cuts next fall. After posturing for partisan effect, the Hill may be more than willing to become a co-conspirator in permitting Bush...
...electorate of a fundamental choice. In a democracy, the central questions are who pays and who gets. How a government taxes depends on its rulers' political philosophy. Had new revenues been required in a Democratic Administration, Michael Dukakis would surely have opted for increasing income taxes. Bush and Darman have already indicated their preference for increasing the regressive sin taxes. Had Bush honestly said, as did Dukakis, that he would raise taxes only as a "last resort," the country might have had a genuine debate...
Basic Budget Economics. Professor: Richard Darman, about to become head of the Office of Management and Budget...