Greenspan Cautions on Baby Boomer Benefits
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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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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 warns that prompt action is needed to fund pensions for the ageing US population.
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Federal Reserve Chairman Alan Greenspan yesterday urged the federal government to reduce its budget deficit and to encourage greater personal saving, warning that foreign investors will not
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The probability of a recession in the  United States has increased but is still less than 50/50,  former Federal Reserve Chairman Alan Greenspan said in comments  broadcast on Friday.
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This year's surge in energy prices is likely to have far less of an impact than the oil shocks of the 1970s, Fed Chairman Alan Greenspan said today.
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Changing benefits keep boomers working longer.
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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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Federal Reserve Chairman Alan Greenspan said Friday that the country will face &quot;abrupt and painful&quot; choices if Congress does not move quickly to trim the Social Security and Medicare benefits that have been promised to the baby boom generation.
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FRANKFURT: Investorsâ appetite for US assets will eventually dwindle and the United States must reduce its budget deficit to prevent major economic damage, Federal Reserve Chairman Alan Greenspan has said, in remarks that hit the dollar hard.
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Federal Reserve Chairman Ben Bernanke renewed a warning to the U.S. Congress on Wednesday that failure to take action soon to prepare for the retirement of aging Baby Boomers could lead to serious economic harm.
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Former Federal Reserve chairman Alan Greenspan is hitting the airwaves promoting his new book, but his comments in recent interviews about the possibility of a recession might be scarier to IT folks than anything in the new tome.
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For at least the fourth time this year, Federal Reserve Chairman Alan Greenspan has touched the electrified third rail of American politics &#151; Social Security.
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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
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Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should be cautious about cutting interest rates because of inflation risks, and he forecast home prices will drop further, according to interviews published on Sunday.
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JACKSON HOLE, Wyo.  - Rising pressure on U.S.  finances from an aging population make it vital quickly fix the  social safety net with such steps as raising the age for full  retirement benefits, Federal Reserve Chairman Alan Greenspan  said on Friday.
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U.S. Federal Reserve Chairman Alan Greenspan said on Tuesday that he did not foresee big price distortions developing in home prices and said Americans were handling their debts well.