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Sen. Gregg Criticizes 'Banana Republic' Budget Proposal

Discussion in 'Political Debate & Discussion' started by OldRegular, Mar 24, 2009.

  1. OldRegular

    OldRegular Well-Known Member

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    Sen. Judd Gregg, R-N.H., and Senate Minority Leader Mitch McConnell, R-Ky., offer a grim assessment of President Obama's $3.6 trillion proposal following a report over the weekend that found the budget plan would produce $9.3 trillion in deficits over the next decade.*

    The ranking Republican on the Senate Budget Committee warned on Monday that President Obama's budget proposal will lead to unsustainable debt levels and send the country on a fiscal path resembling that of a "banana republic."*

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  2. OldRegular

    OldRegular Well-Known Member

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    It appears that O'bama rex is succeeding in his goal.
     
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