Thank you, Mr. Chair.
Thank you very much, Professor Schick, for being with us this afternoon.
I want to circle back to some of the points you made in your opening remarks for purposes of elaboration and clarification.
You started off by talking about a two-stage process, the first stage being a framework and the second stage being the estimates. I want to clarify what the timeframes would look like in this two-step process, both the timing of each event during the fiscal year and then the gap in time between the two events. Have you any thoughts on that?
Where I'm coming from with my line of questioning is understanding how your proposal is different from what we do today. For all intents and purposes, we have this two-stage process now, with the framework being the budget.