Greenspan on Social Security program & retirement

In testimony on the 'Future of the Social Security program and economics of retirement' given on 15 March Alan Greenspan of the Federal Reserve issued a fresh call to Congress to move promptly to put Social Security on firm financial footing, warning that doing nothing cause the "economy to stagnate or worse."

"Unless the trend is reversed, at some point these deficits would cause the economy to stagnate or worse," Greenspan said.

Congress will need to consider possible benefit cuts and higher

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.