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BBCNEWS BBC July 3, 2024

Truss. We are probably going to hear a pretty unapologetic difference truss. We are probably going to hear a pretty unapologetic difference of. A pretty unapologetic difference of her record in government, a shorter term in government, little more than 1. 5 months. A year ago. Thank you very much. It is great to be hit thank you very much. It is great to be hit at thank you very much. It is great to be hit at the thank you very much. It is great to be hit at the institute of government today. I am having a rather government today. I am having a rather more relaxing september than i did last rather more relaxing september than i did last year, and you might well ask, why i did last year, and you might well ask, why am i back talking about the same ask, why am i back talking about the same topic . Ask, why am i back talking about the same topic . It is one year ago that i launched same topic . It is one year ago that i launched my government and our economic i launched my government and ....

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Detailed text transcripts for TV channel - MSNBC - 20121202:13:18:00

Essentially this debt ceiling procedure was part of that. i think probably because of precisely that. i want to bring in bruce bartlett. he s an analyst from the reagan and bush administration. bruce, you were there at the beginning of the supply side revolution, the tax revolt. i guess, what is your sense of how it s evolved and what the poll how the politics have changed over time. first of all, in the late 1970s, early 1980s, taxes were, in fact, at a historical high. more importantly, they were rising rapidly. we had high inflation. the tax system was not index for inflation. people pushed into higher tax brackets. we needed a high tax cut to keep the burden from rising. the taxes as a shared gdp were about the same as they were in ....

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