host: scott lanman. guest: i am not an expert with the details of the budget, but obviously, there are still tax deductions today and both political parties are starting a discussion over what to do with those kinds of deductions. one of the biggest ones that people are starting to talk about is interest deductions that millions of people take which leaves out tens of billions in tax revenue from the government. these are the kinds of things that lawmakers are talking about. the gentleman caller is right. the budget has increased over the last few years. it is the long-term budget picture that a lot of people are starting to get concerned about and is becoming more of the focal points. the federal reserve officials especially ben bernanke, have been very aggressive in calling for the long-term production plant, otherwise they are warning of a much bigger risks to the of economy, higher interest rates, lower spending, those kinds of things, which can be very harmful in the long term. host: welcome, chip.