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Up in terms of the impact on future taxation that suggests that this deal sets the table to allow the bush tax cuts to expire in 2013, maybe through the vehicle you were just describing, and also because the trigger cuts are actually smaller than the budgetary cuts that you could allow the trigger cuts to go into place and allow the bush tax cuts to go into place, and use this as setup towards the path code towards tax reform. am i understanding that correctly? well, that s one theory. yes. and obama clearly will have the advantage, because the bush tax cuts are going to expire come january 1, 2013. and you would have to override his veto with a two-thirds vote. so that s unlikely. so he will be in the driver s seat with regard to new tax revenues, but my hope is that everybody realizing that and ....