hedge fund managers in new york and most of whom have lost a lot of money this year believe it will bereo. at some point, we are going to run out of money and we're going to spend 100% of the revenues we anticipate on everything except defense and nondefense appropriated accounts. everything. and at that point, there's going to be a lot of pain. because we're going to jump to big tax increases and we might jump in big spending cuts, sequester at large, and that's a form of insanity to do something like that. >> do you want to take that? >> yeah. two points. i think one is that -- i know you're looking at the long run estimates for the long-term budget outlook. we should remind ourselves that that is completely based national health care spending is going to be doing. basicall basically, they say what's it been doing? and just assume that continues forward. there's a huge amount of uncertain uncertainty. imagine if we go back to the '30s and said let's try to figure out what health care is going to be like in 2012. it never would have been possible. saying that we can get electronic files