Bush Tax Cut Won't Cost As Much As Predicted

NCPA's Bartlett To Tell House Budget Committee Tax Cut is Affordable and Necessary

WASHINGTON, DC (March 7, 2001) -- President Bush's proposed tax cut will not cost as much as is predicted because the published estimates do not take into account the rate cut's macroeconomic impact of increased growth.

That will be the primary message of leading supply-sider Bruce Bartlett, senior fellow with the National Center for Policy Analysis, in testimony Thursday morning before the House Budge Committee.

WHO: Bruce Bartlett, Senior Fellow, NCPA

WHAT: Testimony Before The House Budget Committee

WHEN: Thursday, March 8, 2001, 9:00 AM ET

WHERE: 210 Cannon House Office Building

A prolific author, having published more than 900 articles in some of the nation's most prestigious newspapers, Bartlett is a leading advocate of tax rate reductions, and was a lone voice during the '90s when target cuts were in fashion. His twice-weekly column on tax and economic issues is syndicated nationally by Creator's Syndicate. In 1996, one of his columns inspired Bob Dole's 15-percent tax reduction plan. He has also written four books, including Reaganomics: Supply-Side Economics in Action, published in 1981.

Before joining the NCPA, he was Deputy Assistant Secretary for Economic Policy at the U.S. Treasury Department, where he served from September 1988 to January 1993. In 1977, as a member of then-Congressman Jack Kemp's staff, he helped draft the famous Kemp-Roth tax bill, which formed the basis of the 1981 Reagan tax cut.