This was a dilemma I was in last week with the chair because today we were supposed to be on asset-backed commercial paper. But as the tradition of the committee is that the private member's bill had to be reported by Wednesday, it takes precedence if we're going to deal with it. I had indication from members that they needed to have witnesses brought forward, so that took precedence in this case.
I agree with you. If this were delayed 30 days, that would give us ample time, and we could deal then, for the remainder of the time we have, with asset-backed commercial paper, from now and for whatever time we have left. I am fully prepared to do that. That would take the pressure off, and it would give us ample time in the fall to deal with this piece of legislation.
That's the dilemma I was in last week. The only way we can go back to asset-backed commercial paper would be to have the extension, and that's the way I would see it.
Mr. Pacetti.