Jon Kyl: “I am curious about the source of the statement that the majority of assets has never been taxed.”

The answer to your question is yes.

Mr. Chairman, Representative Jacobs, the fact is that our current system has deteriorated and aged to the point that we wouldn't be confident in the deterrent value of it on out into the future.

The answer is yes, it's inadequate today.

It makes our planning much more difficult.