SPEAKER INDEX    CONTENTS   INSERTS   
ARMEY            3     11     12     13     14  
BAILY           30     44     47     48     50     53     54     55     61  
                68     69     73     74     77  
GLASSMAN        24     30     43     50     51     56     57     60     66  
                69     70     72     73  
GRUCCI          15     59     60     61     62  
HART            65  
KING             1      3      9     10     14     15     17     19     24  
                29     30     35     42     44     46     49     52     55  
                59     62     65     66     67     68     72     74     77  
KUDLOW          35     45     47     49     51     52     56     57     58  
                59     61     64     67     70     71     72     73     75  
                76  
KVAMME          19     29  
MALONEY          3     11     12     13     14     15     46     47     68  
                69     70     71     72     77  
OSE             15     53     54     55  
OXLEY            9     49     50     51     52  
PAUL            62     65     74     76  
SHAYS           14     18     55     56     57     58     59     67     72  
                73     74  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF HON. RICHARD ARMEY, MAJORITY LEADER, U.S. HOUSE OF REPRESENTATIVES
                                                                 PAGE     3

STATEMENT OF E. FLOYD KVAMME, CO-CHAIRMAN, PRESIDENT'S COUNCIL OF ADVISORS FOR SCIENCE AND 
TECHNOLOGY
                                                                 PAGE    19

STATEMENT OF JAMES K. GLASSMAN, RESIDENT FELLOW, AMERICAN ENTERPRISE INSTITUTE
                                                                 PAGE    24

STATEMENT OF DR. MARTIN N. BAILY, SENIOR FELLOW, INSTITUTE FOR INTERNATIONAL ECONOMICS, 
WASHINGTON, DC
                                                                 PAGE    30

STATEMENT OF LAWRENCE KUDLOW, CHIEF EXECUTIVE OFFICER, KUDLOW & COMPANY, LLP
                                                                 PAGE    35


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING