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Alan Greenspan TAX & DEBT

10/11/2017

Alan Greenspan: Big tax cuts a 'mistake.' Fix the debt first

 

Alan Greenspan has a message for President Trump and Congress: Now is not the time for big tax cuts.

 

Greenspan, the former Federal Reserve chief and Republican economic adviser, is worried about how tax cuts will worsen America's mountain of debt.

 

"What we ought to be concerned about is the fact that the federal debt is rising at a very rapid pace. There is nothing in this bill that will essentially stop that from happening," Greenspan told Fox Business.

 

http://money.cnn.com/2017/11/10/investing/greenspan-tax-cuts-mistake-debt/index.html?iid=SF_LN


   

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