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April 21, 2005

Greenspan: Didn’t mean to give tax cut green light

Responding to Democratic Sen. Paul Sarbanes of Maryland, who said Greenspan’s January 2001 testimony was clearly taken as a tax-cut greenlight, Greenspan said: ‘I plead guilty to that, if indeed that is the way it was interpreted, I missed it. he never backed any specific tax cut and said a Democratic alternative

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