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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MARIA BARTIROMO, CNBC ANCHOR: Technology, of course, just one of the big things that we will need to be replaced -- seeing replaced. We know most of the money that will be used will be borrowed, but in this "Hot Topic," we`re digging into the impact on taxpayers. Jared Bernstein is with us, senior economist at Economic Policy Institute. He says the government at least should not extend the capital gains and dividend tax cuts that are due to expire at end of 2008. William Niskanen is with us, chairman of the Cato Institute and former member of the Council of Economic Advisors under President Ronald Reagan. He disagrees. He says just cut the pork.
Gentlemen, nice to have you with us, welcome.
WILLIAM NISKANEN, CHAIRMAN,CATO INSTITUTE: Thank you.
JARED BERNSTEIN, SENIOR ECONOMIST, ECONOMIC POLICY INSTITUTE: Thank you.
BARTIROMO: Let me talk first a little about that dividend tax cut because the strength in this recovery, that we have seen, Jared Bernstein, largely has come from the president`s tax cut plan, is that not right?
BERNSTEIN: No, I wouldn`t agree with that at all. In fact, I think it`s very difficult to draw a line between the president`s tax cuts and any really positive economic...
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