Joe Scarborough: “I am relieved that order has been returned to the universe. They have now benched Newt Gingrich again and going back to…”

“I am relieved that order has been returned to the universe. They have now benched Newt Gingrich again and going back to 1993 and say maybe we should not follow his strategy. I do not know if my colleagues were listening, though, to the same testimony that I heard Greenspan give before the Committee on the Budget in 1995, but what Alan Greenspan said very specifically, not talking about the tax cuts that we have enacted this year, he said, if we would enact our plan to balance the budget in 7 years, specifically, he said starting in 1995, if we enacted that, we would see interest rates drop by 2 percent. And he predicted in 1995, if the Republican plan was followed, that we would see unprecedented economic growth not seen in peacetime. Do my colleagues know what? He is exactly right. Mr. Speaker, we stuck to our guns. We followed the advice of the voters we heard in 1994. We followed what Alan Greenspan said. I am glad we are having this debate.”