Tuesday, April 26, 2005

Greenspan: Budget Trend May Be 'Unsustainable'

Federal Reserve Board Chairman Alan Greenspan says a combination of the current deficit and the unpredictable aspects of health care entitlement programs could put future federal budgets on an "unsustainable path."

He says entitlement-program spending must be restrained and suggests that Social Security's finances may not be the biggest problem the government faces.

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