Mark Warner actually said...

I mean, I think the rating agencies are able to look at the liabilities there and the liabilities on bonds and make informed decisions.

It is really up to the Governors and, I would say, mayors, which have actually a larger amount of the debt out there than States do.

it would impact direct services and potential services that local governments could provide because their ability to borrow would diminish i...

I would echo what Senator Wyden said in regards to tax reform.