Maybe I do not understand, but I presume the way you are going to get the private sector to participate is you are basically going to make it profitable to them, or at least potentially profitable to them, by removing their downside risk…
Judd Gregg
The Public Record
The budget, on balance, spends too much, taxes too much, and borrows too much. It is that simple.
There are a lot of ideological issues here. You know, as a conservative, I obviously have an inherent dislike of having the Government expand dramatically and having, obviously, deficits of this size.
Doesn't the present subsidy structure of ethanol, which perversely promotes corn, undermine the ability to aggressively pursue those other forms of biomass?
We are the most cogent entity and we are the biggest economy, and, therefore, we have the responsibility to move forward.
I think the fact that the administration has not taken that off the table probably undermines the ability to draw in people like Senator Alexander and myself.
I do not see how your budget does anything other than put us in a position where we get a Nation that our children cannot afford and that is not productive.
And reducing debt and deficit to a sustainability level is at the core of accomplishing that.
There is fertile ground here in this Senate, especially between myself and the Chairman, for accomplishing that goal.
If you look at the recent stimulus bill that was passed, stripped from that bill was $50 billion of loan guarantees which would have helped us fund an expansion of nuclear power.
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…