Thank you, Mr. Chair.
Mr. Emerson, thank you for still being with us so bright eyed and bushy tailed.
I have to confess that reading such an extensive report as yours caused my head to spin. So I am particularly happy to be able to clarify a number of things with you.
The report recommends that “the maximum revenue entitlement program be modernized in anticipation of its elimination…”.
Wanting to modernize something in order to then eliminate it seems a tad contradictory to me. Could you shed some light on that recommendation? The question can go to either of you.