Greenspan Says Trump Has a Math Problem With His Budget
- Former Fed chief sees bigger deficits, higher interest rates
- Greenspan praises Trump’s deregulation moves as ‘valuable’
Former Federal Reserve Chairman Alan Greenspan talks about President Trump's proposed tax and spending plans. He speaks to Bloomberg's David Westin on 'Bloomberg Daybreak: Americas.' (Source: Bloomberg)
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President Donald Trump’s budget numbers don’t add up and his tax and spending plans are likely to lead to bigger deficits and higher interest rates, said former Federal Reserve Chairman Alan Greenspan.
“His arithmetic is the problem,” Greenspan said in a Bloomberg Television interview with David Westin aired on Friday.