SPEAKER INDEX    CONTENTS   INSERTS   
BAKER            1      4      5      6      9     10     15     18     19  
                20     23     24     25     26     27     29     30     34  
                36     39     42     46     47     69     70     71     72  
                73     74  
BOTHWELL        10     18     19     20     21     22     23     25     26  
                27     28     30     31     32     33     34     36     38  
                40     46  
CAVANAUGH       57     62     63     64     68     75  
COOK            30     32     33  
FLAKE           42     44     45     46     47  
HILL            39     40     41     42  
HORN             2     36     37     38     39     48     52     53     57  
                62     63     64     65     66     67     68     69     74  
                75  
KANJORSKI        5     21     22     23  
LUCAS            4     27     28     29     30     74     75  
MALONEY          6     34     35     36  
MCCOOL          20     27  
ROYCE            4  
STANTON         48     52     65     66     69     71     72     73  
WACHTER         52     53     67     72     73     74  
WOODWARD        15     24     26     27     28     29     33     35     37  
                38     39     40     41     42     44     46  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF JAMES L. BOTHWELL, CHIEF ECONOMIST, U.S. GENERAL ACCOUNTING OFFICE; ACCOMPANIED BY 
THOMAS J. McCOOL, ASSOCIATE DIRECTOR, GENERAL GOVERNMENT DIVISION; AND DR. LOREN YAGER, Ph.D., 
ASSISTANT DIRECTOR, OFFICE OF THE CHIEF ECONOMIST
                                                                 PAGE    10

STATEMENT OF DR. THOMAS WOODWARD, ECONOMIST, CONGRESSIONAL RESEARCH SERVICE
                                                                 PAGE    15

STATEMENT OF THOMAS H. STANTON, FELLOW, JOHNS HOPKINS UNIVERSITY
                                                                 PAGE    48

STATEMENT OF DR. SUSAN WACHTER, PROFESSOR OF REAL ESTATE AND FINANCE, THE WHARTON SCHOOL, 
UNIVERSITY OF PENNSYLVANIA
                                                                 PAGE    52

STATEMENT OF FRANCIS X. CAVANAUGH, PUBLIC FINANCE CONSULTANT
                                                                 PAGE    57


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING