Greenspan Urges Look at Senior Benefit Costs
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Federal Reserve Chairman Alan Greenspan on Friday urged Washington policymakers to consider reducing future Social Security and Medicare benefits, saying that
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Alan Greenspan, former Fed chairman, said that the government should provide direct financial assistance to those threatened by foreclosure in the credit crisis.
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When Alan Greenspan speaks, the markets listen. The 78-year-old chairman of the Federal Reserve Board has had dealers hanging on his every utterance for 17 years, ever since he took the job during the closing months of Ronald Reaganâs presidency.
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Alan Greenspan on Tuesday defended one of the most tangible results of his tenure as chairman of the Federal Reserve Board: the big increase in homeowner debt.
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The Bush administration is advancing a proposal to levy higher premiums and deductibles on upper-income seniors enrolled in Medicare's new prescription drug benefit, raising fees on beneficiaries with incomes over about $80,000 a year, administration officials said yesterday.
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JACKSON, Wyo. - Federal Reserve Chairman Alan Greenspan said Friday the country will face "abrupt and painful" choices unless Congress acts quickly to trim Social Security and Medicare benefits for the baby boom generation...
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Federal Reserve Chairman Alan Greenspan warned Friday that the nation faces &quot;abrupt and painful&quot; choices if policy-makers don&#39;t act soon to head off looming insolvencies in Medicare and Social Security.
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Former Federal Reserve Chairman Alan  Greenspan said in an interview published on Monday the Fed  would have to raise interest rates to double-digit levels in  coming years to thwart inflation.
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Federal Reserve Chairman Alan Greenspan called for prompt action to keep the US retirement system solvent in the face of strains from the aging population.
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Former Federal Reserve Chairman Alan Greenspan warns in his memoir that if the Fed is to keep the inflation rate between 1 and 2 percent in coming years it could be required to force interest rates much higher, according to a report in the Wall Street Journal.
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Former Federal Reserve chairman Alan Greenspan was quoted as seeing a "one-third probability" of recession in the United States this year, according to an interview with Bloomberg.
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Risks of a recession have increased,  but the Federal Reserve must be cautious in supporting the  economy because global forces that have kept inflation in check  are receding, former Fed Chairman Alan Greenspan said on  Monday.
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Federal Reserve Chairman Alan Greenspan&#39;s age and length of tenure must be taking its toll on his thinking processes and memory.
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Alan Greenspan, former chairman of the Federal Reserve, suggested Sunday that a tax break or other government financial help for homeowners facing the mortgage crunch would be the best political fix for the economy.
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JACKSON HOLE, Wyo.  - An aging U.S. population  will strain public finances and hurt the economy without swift  fixes to the social safety net, such as raising the age for  full retirement benefits, Federal Reserve Chairman Alan  Greenspan said on Friday.
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Retirement benefits for U.S. public employees could cost states some $2.73 trillion over the next three decades, according to a report released on Tuesday by the Pew Charitable Trusts.
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Federal Reserve Chairman Alan Greenspan on Friday urged the federal government to reduce its budget deficit and encourage greater personal saving, warning that foreign investors