News Ticker powered by Fox News

Sunday, March 22, 2009

Former Obama Commerce Nominee Sen. Gregg Says Obama Budget Will Bankrupt US Government

Sen. Gregg says Obama budget will bankrupt US

WASHINGTON – The top Republican on the Senate Budget Committee says the Obama administration is on the right course to save the nation's financial system.

But Sen. Judd Gregg of New Hampshire also says President Barack Obama's massive budget proposal will bankrupt the country.

Gregg says he has no regrets in withdrawing his nomination to become commerce secretary. He pulled out after deciding he could not fully back the administration's economic policies.

The senator said Obama's spending plan in the midst of a prolonged recession would leave the next generation with a country too expensive to live in.

Gregg appeared Sunday on CNN's "State of the Union."


My Thoughts

This a sad but true fact of dominant Democratic rule. Just see California's current financial situation for proof.

No comments:

Post a Comment