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Paul O'Neill

Paul Henry O'Neill (born December 4, 1935) served as the 72nd United States Secretary of the Treasury under President George W. Bush. He resigned in December 2002 under pressure by the administration.

Mr. O'Neill was born in St. Louis, Missouri. He received a bachelor's degree in Economics from Fresno State College in California, and a master's degree in Public Administration from Indiana University. O'Neill and his wife Nancy have four children and 12 grandchildren.

O'Neill was chairman and CEO of Alcoa from 1987 to 1999, and retired as chairman at the end of 2000. Prior to joining Alcoa, O'Neill was president of International Paper Company from 1985 to 1987, where he was vice president from 1977 to 1985.

He joined United States Office of Management and Budget in 1967, and was deputy director of OMB from 1974 to 1977. He began his public service as a computer systems analyst with the Veterans Administration, where he served from 1961 to 1966.

A report commissioned in 2002 by O'Neill while Secretary suggested the United States faced future federal budget deficits of more than US$44.2 trillion. The report also suggested that sharp tax increases, massive spending cuts or both would be unavoidable if the United States were to meet benefit promises to its future generations. The study estimated that closing the budget gap would require the equivalent of an immediate and permanent 66 percent across-the-board income tax increase. The Bush administration chose to leave the findings out of the 2004 annual budget report published in February 2003.


Paul Andrew O'Neill (born February 25, 1963) is a former Major League Baseball player who played with the Cincinnati Reds (1985-1992) and New York Yankees (1993-2001). O'Neill was well-known for his passion and emotion on the field, often throwing objects in times of frustration.

O'Neill won the American League batting title in 1994 with a .359 average. He was a five-time All-Star, playing in 1991, 1994, 1995, 1997, and 1998. O'Neill is the only player in Major League Baseball history to play on the winning side of three perfect games (Browning, Wells and Cone).





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