Judd Gregg

This budget is more spending, more taxes, and more debt.

How do you explain to that electric utility user... that their energy bill is going to spike?

That is a massive new tax. It is a tax on energy and it will flow directly through to the consumer

The practical implications of that are staggering for our children.

It doubles the national debt in 5 years, publicly held debt, this budget.

The problem is that that effort to try to stabilize the economy has been used as a straw dog for the purposes of expanding the size of the government in the out years exponentially.

The budget, on balance, spends too much, taxes too much, and borrows too much. It is that simple.

If you lead with policy, you are dead here.

We are the most cogent entity and we are the biggest economy, and, therefore, we have the responsibility to move forward.

My view is that that is an extraordinarily counterproductive statement to make in this market and will have a massively chilling effect on the willingness of private capital to participate.

I think it would be helpful if we used a fair amount of that trillion to address the housing industry, which is what I see to be the core problem.

Shouldn't any stimulus package not add to the long-term baseline? Shouldn't it be basically focused on the immediate problem, be temporary, be targeted, and have a horizon which is definable rather than be a baseline builder in the…