Word: neill
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...rumored to be in his big speech to Congress, at least until lobbyists made sure it wouldn't happen. EPA Administrator Christine Todd Whitman touted the carbon-dioxide limits on CNN and assured other countries that Bush was serious about them. Behind the scenes, Treasury Secretary Paul O'Neill argued for an even bigger push, telling Bush in a Feb. 27 memo that the main problem with the as-yet-unratified global-warming treaty was that it didn't go far enough. While O'Neill stopped short of endorsing a cap on carbon-dioxide emissions, Bush aides were worried about...
...including business associations and industries that contributed millions to Bush's presidential race--decided late last month that the time had come to reverse the trend. Their campaign, which culminated in Bush's turnabout letter to Hagel and the others, had all the finesse of a smackdown, leaving O'Neill embarrassed and Whitman downright humiliated. Bush consoled her with an invitation to Camp David last weekend, shortly after she issued a wan statement declaring her own about-face on the issue. But European leaders who had accepted her assurances were furious, sources tell TIME. British Ambassador Christopher Meyer complained...
...colleagues are maneuvering to replace him within a month. Bush, meanwhile, has promised to treat Japan less as a pupil and more as an equal, which sounds diplomatic but not perhaps helpful. "They're going to have to figure out for themselves what to do," Treasury Secretary Paul O'Neill told MONEY magazine...
...some time," claims Senate minority leader Tom Daschle, insisting that consumer confidence dropped every time Bush or top aides gave gloomy forecasts--in November, when then vice presidential candidate Dick Cheney announced, "We may be on the front edge of a recession"; in January, when Treasury Secretary Paul O'Neill said, "There is no doubt that we are experiencing a slowdown"; and in February, when Bush claimed that "a warning light is flashing on the dashboard of our economy...
Maybe Paul O'Neill is finally ready to get down to business...