The deficit - the U.S. knows our deficit is too large. We are committed to bringing it down. We are bringing it down. The deficit came in for fiscal year '05 at considerably below where it was the prior year.

Just a few short years ago in the year 2000, the last full fiscal year of the Clinton administration, this country was running a surplus of $236 billion.

We want to set a tone going into our fiscal year that starts Feb. 1, that Wal-Mart Stores is going to be aggressive in taking care of customers, taking care of our associates, communications and merchandising.

Strong demand continues, and we are on plan for a good fiscal year.

I would not reconsider the nuclear cuts. The appropriations committee did due process in looking at where there was the ability to cut some spending and that's what we did and now it's time to look forward to fiscal year '12.

The earnings momentum from the prior fiscal year has been maintained despite some slowing in economic activity, particularly consumer credit growth.