mr. jeff smisek, paul renaldi, and mr. ed bolen. so a great panel. we look forward to hearing from all of you. we'll start on my left and your right with the administrator, mr. huerta. please proceed. >> thank you. members of the committee, thank you for inviting me to speak today about the re-authorization of the faa. the upcoming faa re-authorization provides us with the opportunity to propel our system to the next level of safety and to foster the kind of innovative climate that is long been the hallmark of our proud aviation heritage. this re-authorization is provided a forum for many an industry and government to openly discuss possible changes in the governing structure of the faa to help us create the aviation system that will sustain our nation's economic growth well into the future. we're open to having this discussion. but we must all agree on the most important problems re-authorization should fix. in our view those are budget instability and the lack of flexibility to execute on our priorities. these challenges exist for the entire agency