Mr. Chairman, we recognize, starting with the budget address, that

our revenues are going to be probably facing some significant downward pressure and that we are going to have to be looking at our planning assumptions almost on a monthly basis. This is a territory that even the bankers and economists with their vaunted ability to make sense of things can’t predict how fast things are moving and how steeply the drop has been. We recognize, and I have mentioned this in this House before, that by fall time when we gather again we are going to be looking and I think having to do some significant readjusting in terms of all our planning assumptions, especially in terms of our revenues and what other potential costs may be out there. For example, if we have another significantly hot and dry summer, in terms of fire seasons, but in terms of revenue stabilization at this point, we are trying to and we are going to make that collective decision, how do we try and level out both expenditures and revenues, protecting programs, avoiding, not raising taxes through internal efficiencies, as well as the amount of debt we are prepared and can afford to carry. Thank you.