Thank you, Mr. Chair.
Thank you, Dr. Schick, for your presentation.
I'm going to start my questions by going back to timing again. We've had several recommendations made by witnesses who have come before us. Sometimes they conflict. You've touched on them, but I just want to clarify your position.
I believe that in the United States the budget comes down some time in the fall, well before the fiscal year. Am I correct in saying that? That's if you can get a budget passed. Am I correct in saying that it comes down in the fall, well ahead of the fiscal year? Is that accurate?