All of those things expiring is in our projection.

In principle, it may be possible to deliver a higher amount of fiscal aid to state and local governments at a lower cost to the federal government if such aid is delivered as an outlay instead of as a tax preference.

It is true that the capital gains realizations have been very strong. Connecting that strength specifically to the tax reduction is a challenge because of the other things that have happened in the economy. [In order to do] that I'd have to plead the need for more research.

There's a significant amount of uncertainty about what's going to happen with the various tax provisions that are scheduled to expire and what's going to happen with the alternative minimum tax. Depending on how those issues turn out, our projections would obviously have to change.

This is a current law projection, not a forecast.

After those several years of great growth, people's expectations have been very high - probably too high. And at the first sign of a slowdown they react they other way.