Lyle Gramley Quotes

"I think he's well aware of the fact they need to improve (communication). It's very a difficult thing to do. I think they're improving."

"Being Fed chairman only increases his value that much more."

"We still face a longer-range deficit problem and that will be exacerbated by increases in Medicare and Social Security payments, ... It would be helpful to bring our budget deficit down longer-term. I worry more about that than this temporary increase in the deficit."