NPR logo

Greenspan

Only Available in Archive Formats.
Greenspan

Greenspan

Greenspan

Only Available in Archive Formats.

NPR's John Ydstie reports Federal Reserve Chairman Alan Greenspan changed course today and said that he now supports tax cuts. Greenspan told the Senate Budget Committee that new data suggest the nation can afford to undertake both debt reduction and tax cuts. Greenspan also said tax cuts would bolster the economy, especially if the recent downturn deepens into a recession.

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.