Lloyd Smucker actually said...

Let me just ask you, Mr. Dutta-Gupta, what will be the effect on college students if, as you say, the cuts could be even as much as 33 perce...

I can't for the life of me see where you are decreasing the deficit.

The bottom line is in 10 years, the deficit will be $2 trillion compared to $1-and-a-half trillion now.

It is 40-percent higher than you were projecting last year at this time.