Ben Nelson: “First of all, Mr. Chairman, I appreciate so much your calling this hearing.”

Can you explain the importance of preserving your operating spectrum in general and how any movement from it should be paid for and coordinated from your perspective, the Navy's?

I think we all agree on the necessity of implementing Dodd-Frank, and as you have said, in a sound and reasonable time frame and in a sound and reasonable way to deal with reckless speculation.

PTSS would be a critical component of both Homeland and regional missile defense as it greatly enhances sensor coverage.

How are we going to make it work? How are we going to, over a longer strategy, make the dollars work to meet the obligations we've undertaken?