John W. Snow Quotes


We have a serious structural deficit problem. And it needs to be addressed. The president is trying to address it through reforms of Social Security, but the problem is there with other entitlement programs like Medicare and Medicaid.


Citations

Snow, John W. Interview by Lou Dobbs. Lou Dobbs Tonight, CNN, 10 Feb. 2005.

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John W. Snow
John W. Snow
  • Born: August 2, 1939
  • Nationality: American
  • Profession: Economist

John William Snow is the former CEO of CSX Corporation, and served as the 73rd United States Secretary of the Treasury under U.S. President George W. Bush. He replaced Secretary Paul O'Neill on February 3, 2003 and was succeeded by Henry Paulson on July 3, 2006, in a move that had been anticipated. Snow submitted a letter of resignation on May 30, 2006, effective "after an orderly transition period for my successor." Snow announced on June 29, 2006 that he had completed his last day on the job; Robert Kimmitt served as acting secretary until Paulson was sworn in.