chairman wetjen, let me get started with you. if you look at the budget control act, a and then the ryan murray agreement that was reached last fall after, as you know, some very, very difficult negotiations, total discretionary spending is due to increase this this year by about $1.4 billion, or in the next budget year, i should say. that's less than 1% increase than last year. i think the partisan message sent to everybody is that this is going to be a very tight, very challenging, very difficult. however, in the budget requests we get from cftc, you are asking for a 30% increase. i think by anybody's definition, that's significant. but it is especially high when you recognize what everybody else is faced with across the federal government. so i'd ask you a couple questions. one is, how do you justify it, recognizing that colleagues a across the federal government with very important missions, like yours, are also going to be held to this agreement. and then secondly, what if it doesn't happen? do you have contingency plans a a

chairman wetjen let me get started with you.if you look at the budget control act and the ryan murray agreement that was reached last fall after as you know some very difficult negotiations total discretionary spending is due to increase this year by about $1.4 billion or in the next budget year i should say. that's less than 1% increase over last year. so i think the bipartisan message sent to everybody is that this is going to be very tight, very challenging and very difficult. however in the budget request we get from cftc you are asking for a 30% increase. now i think by anybody's definition that is significant but it's especially high when you recognize what everybody else is faced with across the federal government. so i would ask a couple of questions. one is how do you justify it recognizing important missions like yours are also going to be held to this agreement and then secondly what if it doesn't happen? do you have contingency plans as to how you will deal with that and how you will get your budget in line with what

so in just an hour and 15 minutes, you will be walking out of here, all right wetjen mark i am going to break jay leno's record tonight. here we go. good evening, mr. president, rs paul rand refers to you, another minority relying on the federal government to feed and house his family. i am a big fan of president obama. i think he is one of the all-time great residents. you're actually in the top 50. please explain that the jessica simpson. you are right, that was low. how about the president's performance tonight, everyone? [applause] it is amazing that you can still bring it with fresh, hilarious material and my favorite bit of yours was when you said you'd close the detention center at guantÁnamo bay, that was a classic. that was hilarious, hilarious. still going. i would like to take a moment to recognize the first lady, mrs. obama, you have been very kind to me and my family, especially when you showed us all how to tear up phone book in half with your bare hands. that was incredible. i'll also like to thank the white house respondents association for having me and not being abl