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The committee will come back to order. I want to thank our witnesses for being here today, and i think we will move into the questions and answer period. Im going to reserve my question time and i will go to mr. Brady. You all recognized for five minutes. Thank you, mr. Chairman. And a thank you for all of those who are here. Your testimony is very helpful. One, clearly america will pay its debt. That is made clear by republicans and democrats in congress. We always have, and i hope that those who choose to be melodramatic about it can say to gain political advantage, if you would please stop, that would be helpful. Secondly, there is absolutely no chance the president s request to have a permanent, unlimited debt ceiling will kerr. This is constitutional will poker. As we have seen in the past its also been a helpful tool not only on checks and balances but to enact spending reforms and restraints that can be helpful, although in my view have not been helpful as they have in the past.

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