dr. hassert earned his ph.d. in economics at the university pennsylvania and dr. hassert. welcome. our fourth panelist today chad stone is the chief economist at the center on budget and policy priorities where he specializes in the economic analysis of budget and policy issues. dr. stone was the acting its ticket to the editor of the joint economic committee here in 2007 and before that stock stricter chief economist for the democratic staff of the committee from 2002 to 2006. he held the position of the chief economist for the senate budget committee in 2001, 2002. previously served the president's council of economic advisers senior economist and chief economist from 1996 to 2001. his other congressional experience includes six chief economist for the science committee. dr. stone worked federal trade commission, federal communications commission and office of management and budget to be the keys and a senior researcher at the urban institute and talked with several years at swarthmore college. he called terrorist the book entitled economic policies in the ronald reagan years. he