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Theks the hush falls over the hush falls over the room. We will start. Our guest today is douglas Congressional Budget Office director. This is his fifth visit to our room. Of the cbo inctor january, two thousand nine and brings an impressive background assignments. His master masters and doctorate in economics are from harvard. Our guest taught at harvard, and was on the staff of the council of economic advisers and the Federal Reserve board and served as the assistant deputy treasury secretary for policy. He was senior fellow in the Economic Studies Program it at bookings. Ritual recitation of mechanical details, as always, we are on the record. Please, no live blogging or tweeting or other means of filing while the breakfast is underway. There is no embargo with the session and, except that our ....

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