DARYN KAGAN, CNN ANCHOR: Investors will be listening closely, searching for some relief in the sagging stock markets there, hoping that Alan Greenspan will say something this morning to calm their jitters. The Federal Reserve chairman testifies before a House budget committee today. CNN's Peter Viles is joining us now from Capitol Hill, looking ahead. Peter, any clue as to what the Fed chairman should be saying today?</s>PETER VILES, CNN CORRESPONDENT: Well, they asked him to come in and talk about budget matters, Daryn, just as he came to the Senate to talk about budget matters in January. And in that testimony, the Senate Budget Committee in January, he pretty much surprised everybody in Washington by saying he thought a tax cut was a good idea. He said for years he thought paying down the debt was probably the smartest thing to do. So you can expect a long discussion today about tax cuts and debt reduction. Which is the best to do? Alan Greenspan has said there's plenty of money for a tax cut. But you can also expect some questions about the state of the economy. That's not part of the prepared testimony we would expect. But you can expect plenty of questions about the economy, about interest rates, and when might the next interest rate would come. Alan Greenspan almost never answers that question directly -- Daryn.</s>KAGAN: Peter Viles looking ahead for us in Washington, thank you so much.
Greenspan To Testify Before House Budget Committee