Bush to Meet Greenspan on Monday, Cheney Aide Says
Sunday December 17, 11:24 am Eastern Time Bush to Meet Greenspan on Monday, Cheney Aide Says
WASHINGTON (Reuters) - President-elect George W. Bush will meet Federal Reserve Chairman Alan Greenspan on Monday to exchange views on the slowing U.S. economy, an aide to Vice President-elect Dick Cheney said on Sunday.
``Vice President-elect Cheney announced today that President-elect Bush will meet with Chairman Greenspan on Monday,'' a Cheney aide told Reuters.
The aide said Cheney had announced the meeting in an interview with ABC news, to be aired later on Sunday. She did not have a time for the meeting. Bush was headed to Washington later on Sunday to meet Vice President Al Gore, President Clinton as well as congressional leaders on Monday.
The Bush-Greenspan meeting comes against the backdrop of a sharp slowdown in the U.S. economy, which Bush's team has said underscores the need for a large across-the-board tax cut that has been one of the cornerstones of the Texan Republican's campaign.
Greenspan, widely seen as the architect of the record U.S. expansion, has indicated that he would like to see bulging government budget surpluses used for paying down the nation's debt rather than to finance large tax cuts. |