Word: panetta
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Dates: during 1990-1999
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...deficit reduction on which Clinton campaigned. "Bill didn't want a brain trust," a transition official remarked. "He needed a sales force -- and that's what he's got." Indeed, Clinton, the Washington "outsider," might be said to have created the capital's most potent lobbying firm: Bentsen, Panetta, Rubin & Altman...
...choice for Treasury Secretary, Texas Senator Lloyd Bentsen, 71, is a business-friendly millionaire who chairs the powerful Finance Committee. California Congressman Leon Panetta, 54, named as Clinton's Budget Director, commands high regard from his peers for his work as chairman of the House Budget Committee. Bentsen's deputy will be Roger Altman, 47, who served at Treasury under President Carter. Altman, an investment banker like Rubin, knows financiers from New York to Tokyo...
...appointment of such deficit hawks as Panetta and Rivlin was widely -- and probably incorrectly -- read last week as a sign that Clinton is leaning away from additional deficit spending early next year to stimulate the economy. To be sure, encouraging reports on job creation and economic growth have convinced many economists, and some of Clinton's aides, that such stimulus is no longer necessary. But those same reports have galvanized traditional liberals among Clinton's supporters, who fear that good economic news will undermine the rationale for new deficit spending on social programs and public works projects...
Many analysts predicted Reich would receive a top economic post, but when Bentsen was named Treasury Secretary and Rep. Leon Panetta (D-Calif.) named budget director yesterday, speculation about Reich widened...
...first round of appointments tohigh-level government positions, Clinton alsonamed Senate Finance Committee Chair Lloyd Bentsen(D-Tex.) as Treasury Secretary, and House BudgetCommittee Chair Leon E. Panetta (D-Calif.) asbudget director...