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Profile: Federal Reserve Chairman Alan Greenspan speaks before the Senate Budget Committee
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RENEE MONTAGNE
Morning Edition (NPR)
04-22-2005
Profile: Federal Reserve Chairman Alan Greenspan speaks before the Senate Budget Committee
Host: RENEE MONTAGNE
Time: 10:00-11:00 AM
RENEE MONTAGNE, host:
Time now for business news.
Federal Reserve Chairman Alan Greenspan gave lawmakers on Capitol Hill a fresh warning yesterday: The budget deficit, he said, is on an unsustainable path.
Mr. ALAN GREENSPAN (Federal Reserve Chairman): Unless that trend is reversed, at some point, these deficits would cause the economy to stagnate or worse.
MONTAGNE: Greenspan told members of the Senate Budget ...
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