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Monday, October 19, 2009

US Senator Judd Gregg: US On Path to Banana Republic

Senator Judd Gregg on path to Banana Republic

On Sunday October 18th, US Senator Judd Gregg (R-New Hampshire) has the last word on CNN.    The video interview by CNN's John King revealed a perspective by an experienced US Senator who sounded an ominous warning about the US Congress (under the Democrats majority) continuing to overspend.

This deficit is driven by us,” New Hampshire Republican Sen. Judd Gregg candidly said Sunday on CNN’s State of the Union when asked about the federal government’s projected $1.42 trillion operating deficit for the 2009 fiscal year.

“You talk about systemic risk. The systemic risk today is the Congress of the United States,“ the Ranking Republican on the Senate Budget Committee told CNN Chief National Correspondent John King, “that we’re creating these massive debts which we’re passing on to our children. We’re going to undermine fundamentally the quality of life for our children by doing this.”
Search the CCN news site  under key words, Last Word, Judd Gregg, John King to get a look at this interesting interview.

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