that's gonna pile on to this, this federal problem.

Sachs, your thoughts on the CBO report and this, debt spiral debt, debt spiral.

Well, we all agree about the problem of federal spending and the deficit and the debt, and we're all concerned about that. With respect to the CBO study, however, I'll just note that one of the key assumptions here is that CBO projects that real GDP will only grow by 2.2% this year in 2026. That's a very low assumption given that we grew by over 4% in Q3 last year and the preliminary number for Q4 was over 5%. And I think all of our predictions