May 06 Greenspan Warns High Budget Deficits May Hurt Economy By PBS News Hour Despite the current low interest rates, America's rising federal budget deficits are a major obstacle to long-term U.S. economic stability, Federal Reserve Chairman Alan Greenspan warned Thursday. Continue reading
Feb 25 Pres. Bush, Greenspan Differ on Social Security Cuts By PBS News Hour Federal Reserve Chairman Alan Greenspan urged Congress on Wednesday to consider trimming Social Security benefits as a way to tackle the nation's escalating budget, but President Bush later in the day said he opposed the idea. Continue reading
Feb 27 Greenspan Says Recession May Be Ending Federal Reserve Chairman Alan Greenspan told Congress Wednesday that there are increasing signs the current recession is coming to an end. Continue reading