Will the 2003 tax cuts boost the economy? Alan Greenspan doesn't seem to think so. Today the Fed cut interest rates by 0.25 percentage points to a 45-year low.

Fed cuts interest rates a quarter point

The Federal Reserve Wednesday cut a key interest rate by a quarter-percentage point to a 45-year low in what was seen as a final bid to ensure the sluggish economy at last kicks into higher gear.

Will the 2003 tax cuts boost the economy? Alan Greenspan doesn't seem to think so. | Posted June 25, 2003 03:36 PM by John Irons