Thank you, Mr. Chair.
Thank you for coming today. Thanks to some of the folks who showed up who may not be regular members of the committee but who are certainly interested in these issues.
I'd like to talk to you about the reduction in direct federal spending. You just mentioned it in one sentence, in paragraph number 17. Could you go through a little about what has happened since 2006? Give us an idea of how the subsidization has been reduced.