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Greenspan urges spending restraint
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| Alan Greenspan, the Federal Reserve chairman, called on Wednesday for "major deficit-reducing actions" to improve the federal budget outlook. In testimony before the House budget committee, he said that the fiscal deficit was "unlikely to improve signific |
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Mar 3, 2005 01:06:03 |
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0 | | Author | FT.com |
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| Similar news: | - Greenspan Urges Businessmen to Be Bold - U.S. businesses are unusuallyreluctant to spend and hire, but the economy could benefit nextyear if their caution ebbs, Federal Reserve Chairman AlanGreenspan told Congress on Wednesday.
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