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March 4, 1998

State of the Economy

Committee members heard testimony from Chairman Greenspan on the state of the U.S. economy. Greenspan testified about economic performance o… read more

Committee members heard testimony from Chairman Greenspan on the state of the U.S. economy. Greenspan testified about economic performance over the past year and budgetary challenges facing Congress. He warned that 1998 economic performance could very well be worse than 1997 for various reasons, including the economic problems in Asia. He also warned against unwarranted new spending programs and stressed the need to deal with the impact of coming demographic changes to federal entitlement programs such as Social Security before the problems in these programs become unmanageable. close

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Lloyd Doggett U.S. Representative [D] Texas
Alan Greenspan Chair Federal Reserve->Board of Governors

Wally Herger U.S. Representative [R] California
Dave Hobson U.S. Representative [R] Ohio
John Kasich U.S. Representative [R] Ohio
Dan Miller U.S. Representative [R] Florida
Alan B. Mollohan U.S. Representative [D] West Virginia
Earl Pomeroy U.S. Representative [D] North Dakota
John M Spratt Jr. U.S. Representative [D] South Carolina

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House Budget CommitteeHouse Budget Committee

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Program ID:: 101571-1
Category:: House Committee
Format:: House Committee
Location:: Washington, District of Columbia, United States
First Aired:: Mar 05, 1998 | 1:08am EST | C-SPAN 1
Last Aired:: Mar 07, 1998 | 3:51pm EST | C-SPAN 2

Airing Details

Mar 05, 1998 | 1:08am EST | C-SPAN 1
Mar 05, 1998 | 6:56am EST | C-SPAN 2
Mar 05, 1998 | 5:33pm EST | C-SPAN 1
Mar 07, 1998 | 3:51pm EST | C-SPAN 2

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