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Glenn Beck guest: "Believe it or not, tax cuts bring in revenue" -- several Bush economists don't believe it

November 16, 2007 2:53 pm ET

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SUMMARY: On CNN Headline News' Glenn Beck, David E. Williams, vice president of policy for Citizens Against Government Waste, asserted that "the tax cuts are ... really what's saving this country right now. ... Believe it or not, tax cuts bring in revenue." However, several Bush administration officials have stated that tax cuts, including those enacted during the Bush administration, produce a net decrease in revenue, including Treasury Secretary Henry M. Paulson, who said during his confirmation hearing, "As a general rule, I don't believe that tax cuts pay for themselves."

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