World News Tonight (ABC) - 2000-12-18 (audio sync problem)
Channel: malgent
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Read a transcript preview of “World News Tonight (ABC) - 2000-12-18 (audio sync problem)” from malgent, uploaded on 2025-04-13.
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Language: English (original, YouTube automatic captions)
[0:00] return any knife at any time. Who
[0:03] succumbed to it? Well, Peter, that
[0:05] remains to be seen. He was, however,
[0:06] reaching out to members of Congress, to
[0:09] potential cabinet nominees, even to the
[0:10] French president who's in town. But he
[0:12] began that charm offensive with, as you
[0:14] say, the person many say is really the
[0:16] most powerful man in the world.
[0:19] Alan Greenspan came to Bush's hotel for
[0:21] breakfast this morning in an
[0:23] unmistakable acknowledgement by the
[0:24] president-elect that he needs the
[0:26] Federal Reserve chairman's goodwill if
[0:28] his economic plans are to have any
[0:30] chance of success. Afterwards, Bush gave
[0:32] Greenspan a pat on the back and signaled
[0:34] how important their relationship will be
[0:36] to his administration. I talked with a
[0:38] good man right here who uh we had a very
[0:41] strong discussion about uh about uh my
[0:45] confidence in his abilities and uh I
[0:48] mean that in all sincerity. The
[0:50] chumminess was new. During the campaign,
[0:53] Greenspan expressed veiled skepticism
[0:55] about Bush's tax plan. On Capitol Hill,
[0:58] that tax plan, $1.3 trillion over 10
[1:02] years, is already the focus of sharp
[1:04] partisan division. Bush meeting with
[1:06] congressional leaders said that given
[1:08] the softening in the economy, he would
[1:10] stick to his guns on reducing tax rates
[1:12] across the board. Marginal rate
[1:15] reductions will help spur economic
[1:17] activity and economic growth. I think
[1:21] the case is even more solid today than
[1:23] it was a year ago when I started
[1:25] campaigning on the issue. But even the
[1:27] incoming Senate Finance Committee
[1:28] Chairman, Charles Grassly, says Bush
[1:30] will h