The President announces his nomination of Henry Paulson to replace John Snow as Secretary of Treasury.
President Bush says that Paulson will work to promote a "pro-growth, low tax" environment" and that he understands the government should spend American taxpayers’ money wisely or not at all (0:29).
May 30, 2006
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- President Gorge Bush talks about the reform needed to in tax spending taxpayers’ money
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- Senator John Kerry (D-MA) points out dishonesty in the Bush’s budget.
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- Ranking Member, Paul Ryan (R-WI) makes statements on the responsibilities of the current government and how they should spent taxpayers money, in the House Budget Committee hearing.
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