I just received a news flash from my office--not a pleasant one. K-Mart is going to close three Nevada stores, including one on Rainbow Boulevard in Las Vegas, one in Reno, and one in Carson City. I agree with my friend from Arizona; we should be talking about the economy. The economy is in trouble. I was struck by the New York Times today which had an article written by Edmond Andrews: ``O'Neill Expresses Doubts About the Tax Cut.'' Who is O'Neill? This is Paul H. O'Neill, who was Secretary of the Treasury in this administration until he decided he did not like what was happening with the tax policies of this country. And for lack of a better word, he was dumped, unceremoniously expelled from the administration. O'Neill has also talked about his discomfort with the sweeping tax cuts. He talked about these before his departure. And, of course, reading between the lines, I am sure that is one of the reasons for his departure.
Harry Reid: “I just received a news flash from my office--not a pleasant one. K-Mart is going to close three Nevada stores, including…”
Editor's note · Context
Discussing the impact of K-Mart store closures in Nevada and concerns about the economy and tax policy.
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