Greenspan faults Bush over spending
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Former Federal Reserve Chairman Alan Greenspan, in his new book, bashes President Bush for not responsibly handling the nation's spending and racking up big budget deficits.
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A Republican congressional proponent of Social Security reform warned President Bush on Sunday not to rely on a sharp increase in government borrowing to overhaul the federal retirement program.
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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. He said the government has promised more than it can deliver.
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WASHINGTON -- The Bush administration urged skeptical members of Congress on Tuesday to support the president's new $2.9 trillion spending plan, arguing that the budget can be balanced without raising taxes.
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President Bush on Monday asked a skeptical, Democrat-run Congress to approve $700 billion in new military spending -- much of it for the Iraq war -- and to curb many domestic programs.
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JACKSON, Wyo. - Federal Reserve Chairman Alan Greenspan said Friday that the country will face "abrupt and painful" 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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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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Mr. Greenspan, chairman of the Federal Reserve, is scheduled to testify before the House Budget Committee on Wednesday on two sensitive topics: the economy and the federal budget deficit.
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Vice President Dick Cheney on Wednesday disputed former Federal Reserve Chairman Alan Greenspan's portrayal of the Bush administration's economic policies as fiscally reckless.
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Senate Democrats on Friday criticized President Bush's plan to add personal accounts to Social Security and accused his administration of improperly using the Social Security Administration to promote the idea.
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Federal Reserve Chairman Alan Greenspan on Friday urged Washington policymakers to consider reducing future Social Security and Medicare benefits.
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President Bush on Saturday urged the Senate to back increased government spending on basic scientific research.
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President Bush says Social Security's future financial shortfall is a crisis that Congress must tackle now, repeating Monday his demand for action but refusing to provide details of his top domestic priority that will cost trillions of dollars to implement.
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While praising Congress for "ending on a high note," President Bush Thursday chastised lawmakers for adding billions of dollars in earmarks to an omnibus spending bill.
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President Bush warned Congress on Saturday that he will use his veto power to stop runaway government spending.
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Federal Reserve Chairman Alan Greenspan says the growing US budget deficit could destabilize the economy. Fed Governor Susan Bies says Congress spends like it&#39;s dipping into a ``a cookie jar.
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Over the weekend, the US Federal Reserve Chairman Alan Greenspan hinted at the maintenance of ``weakââ dollar policy (in Germany) while President Bush said he is committed to a ``strongââ dollar (in Chile).