Christopher Shays: “I have had Mr. Greenspan come before my Committee on the Budget, and Mr. Greenspan was asked one time, do you think…”

“I have had Mr. Greenspan come before my Committee on the Budget, and Mr. Greenspan was asked one time, do you think Congress will cut too much? And his answer was this: ``Mr. Congressman, I don't go to sleep at night fearful that when I wake up the next morning Congress will have cut too much.'' Given the battle that we have had with some of our colleagues on the other side of the aisle, I understand his lack of concern on that issue. But we know right now that interest rates have come down in the expectation that we will win this battle to balance our Federal budget and get our financial house in order. If we fail, there is no doubt in anyone's mind what the bond market will do, what the stock market will do, and ultimately what will happen to our economy.”