219 



that Bonneville is going from the delegation, will be very impor- 

 tant. And I think this task force and you, Chairman, can take a 

 very strong leadership role there. 



The second thing is new legislation. I think new legislation in the 

 form of a government corporation and the debt swap, just a one- 

 time access to private debt markets for the old federal debt, makes 

 a lot of sense, especially given the caveats that you did earlier in 

 your comments about the debt swap. That is going to require new 

 legislation and I am hopeful that this task force and again, you, 

 Chairman, will take a leadership role in that, and hopefully take 

 it through fairly quickly and in a narrow, focused way. 



That concludes my comments for today. 



Mr. DeFazio. Thank you. Mr. Shields. 



[Prepared statement of Mr. Carr follows:] 



