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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (114284)7/24/2001 5:23:39 PM
From: yard_man  Read Replies (1) of 436258
 
AG does technical analysis on the deficit ... get long now

>>Greenspan- $1 trillion may be debt payoff bottom
WASHINGTON, July 24 (Reuters) - Federal Reserve Chairman Alan Greenspan said on Tuesday that paying down the federal debt to below $1 trillion may be impractical.

``It's evident that when you get below a trillion dollars, you're running into downside resistance,'' Greenspan said during the question-and-answer period of an appearance before the Senate Banking Committee.

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