next speaker, steve lieberman. steve is a nonresident fellow with the usc brookings schaffer initiative for health policy. in addition to that, steve runs his own consult sulting firm. before that, he was senior official at various important places. cbo. omb and bunch of other places in between. and then finally, steve zucker man, who is a senior fellow and vice president for health policy at the urban institute and steve promises to mix things up a little bit. so we're counting on good conversation. with that, if you could take it waway. >> thanks, joe. i'm going to walk through some slides this morning to provide an overview of the medicare report that was released yesterday. thyme the chief actuary at cms and it is my privilege to represent the 90 or so professionals at the office of the actuary that support the board of trustees and evaluating the financial status of the medicare programs. so what i'm going to do is walk through a current snapshot and evolution of the program. going to walk you through the forma