That is what a lot of analysts are saying is going to be the next shoe to drop, is the commercial real estate market.

this is a worrisome picture. This is a grim outlook for the federal budget.

Are we risking our credit? Are we going to have a problem selling our bonds?

The current system is not getting costs down. We are not attacking the root cause of health inflation.

I find it incredibly troubling that defense spending is seemingly the only place in which this effort was made.

Providing for our Nation's defense is the primary responsibility of the Federal Government.

The bottom line is that we need to make absolutely certain that we provide the necessary resources for the defense of our Nation.

Thank you very much, Chairman Spratt.

I have got to say, I have a tremendous amount of respect and admiration for your passion for issues.

Across our country, the Federal highway and transit spending have played a vitally important role in the growth and productivity of our economy.

It seems to me, last year, the President could only spend the money Congress sent him.