Sep. 30, 2017 – 7:32 – Former Senate Banking Committee Chair Phil Gramm reacts to plan’s reduction from 35 percent to 20 percent. You can watch here....
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WH says corporate tax rate proposal is non-negotiable
Category Archives: Financial Services
Trump tax plan will pass both houses: Fmr. Sen. Phil Gramm
Sep. 29, 2017 – 8:53 – Former Texas Sen. Phil Gramm (R) on why he thinks President Trump’s tax reform plan will pass both houses of Congress. You can watch here....
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The Subprime Superhighway
The U.S. and Europe are lowering capital standards for ‘investments’ in public infrastructure—ignoring the lessons from 2007-08. By PHIL GRAMM Oct. 2, 2016 5:56 p.m. ET More government spending, particularly for infrastructure projects, is the mantra in Washington and other capitals. But two factors stand in the way. First, the...
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Why This Recovery is So Lousy
Don’t believe the line that slow growth is inevitable after financial crises. Bad policies yield bad results. PHIL GRAMM and MICHAEL SOLON August 4, 2016 Donald Trump has been criticized by Democrats and Republicans alike for saying that “the American dream is dead.” But instead of slaying the messenger, critics on both...
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The Great Recession Blame Game
Banks took the heat, but it was Washington that propped up subprime debt and then stymied recovery. By Phil Gramm and Michael Solon April 15, 2016 When the subprime crisis broke in the 2008 presidential election year, there was little chance for a serious discussion of its root causes. Candidate Barack...
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The Federal Reserve’s Accountability Deficit
Every member of the Fed’s Board of Governors is an Obama appointee. That wasn’t supposed to happen. By PHIL GRAMM And THOMAS R. SAVING Oct. 14, 2015 6:27 p.m. ET The Federal Reserve enjoys extraordinary independence from the elected branches of government, based on the well-founded fear that politicians cannot be trusted with...
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Dodd-Frank’s Nasty Double Whammy
The legislation has hit the banking industry hard, hurting the recovery. Worse is its effect on the rule of law. By PHIL GRAMM July 23, 2015 7:07 p.m. ET Five years after the passage of the Dodd-Frank financial law, the causes and effects of the failed economic recovery are apparent...
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How to Distort Income Inequality
The Piketty-Saez data ignore changes in tax law and fail to count noncash compensation and Social Security benefits. By Phil Gramm And Michael Solon Nov. 11, 2014 6:50 p.m. ET What the hockey-stick portrayal of global temperatures did in bringing a sense of crisis to the issue of global...
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Gramm and Solon: Suddenly, an Opening for Tax Reform
Senate Finance Chairman Ron Wyden now recognizes that a pro-growth tax reform can raise revenues. By Phil Gramm and Mike Solon A glimmer of hope for the economy and deficit reduction flashed from the Senate this past weekend when the new Senate Finance Committee Chairman, Ron Wyden, announced “a breakthrough”...
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Cavuto-Phil Gramm: Find ObamaCare’s weakest link and go for that
September 26, 2013 Former Sen. Phil Gramm, (R-Texas), on the debt ceiling debate and efforts to defund ObamaCare. Watch the video...
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