Cord Byrd: “Then it would be incumbent upon us to make difficult decisions and act to increase the revenue again. Well, I join with…”

“Then it would be incumbent upon us to make difficult decisions and act to increase the revenue again. Well, I join with the Senator. I think he performs a great service in calling to our attention and to the attention of the American people the options we face. I hope that Congress will think long and carefully about what we do. We are in a happy situation, but who knows how long the situation will remain happy. I see Alan Greenspan down in that engine room, and he is entitled to a good many compliments from all of us for the good work that he has done, the vision that he has displayed. But I join with the Senator and I hope he will help to lead us as we move forward in the coming days and use his good economics. I think I had about one semester of economics when I was in high school, and that is about it. But the Senator from North Dakota has had excellent training, a fine education in that field. I am going to continue to listen to him and look to him for leadership as we go forward. I thank him very much.”