Rostenkowski's Budget Proposal: The Good, the Bad, and the Ugly


 

Publication Date: March 1990

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Daniel J. Mitchell

Research Area: Banking and finance

Keywords: Budget

Type: Brief

Coverage: United States

Abstract:

The Bush Administration's initial positive reaction to the Rostenkowski plan sends the wrong signal to Congress and the nation. George Bush was right to promise never to raise taxes. He should loudly reaffirm this promise with respect to Rostenkowski's plan.