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That's a laptop evolved with Intel Evo Platform. This is a CBS, I in the world. I'm John Bachelor.

Welcoming Joseph Sternberg, member of the editorial board of the Wall Street Journal. He's in London.

He writes the political economics column in most the of government overwhelmingly in the majority in the Parliament presenting its budget.

This is a ceremony and it included welcoming the Chancellor of the Exchequer, Mr Hunt, by the King himself.

I saw the video, was very courtly.

And Mr Hunt had a very big smile on his face.

This, of course, following the reception by the king of the Prime Minister. The budget is a talking point to outline where the Conservative Party is going this next year. Remember the parliamentary system if you have the majority is not sufficient to be successful. You need to have everybody moving in

one direction. In Parliament that is not needed. However, the conservatives are facing a very difficult road ahead, we're told, because

labor, though overwhelmed in the 2019 election, polls very well and therefore the budget is watched carefully for what, how labor will

campaign, how the Tories will campaign.

Joe, a very good evening to you.

I've reached the limit of my understanding of the parliamentary procedure of the budget.

However, I saw that it was big headlines and your column most recently attached itself to interpreting the budget.

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