Greenspan 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.
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Greenspan

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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.