CNN

He's right. But it is Bush and Obamas fault.

As Ayn Rand said, "Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence." Make no mistake, the Obamunists – Obama, Pelosi, Reid plus all who say Aye with them – are destroyers.

“Coming together is a beginning. Keeping together is progress. Working together is success.”
Henry Ford quotes (American industrialist and pioneer of the assembly-line production method, 1863-1947)
Personally, I believe that if we can pull together as one nation who is united, that would be the solution to truly getting out of this recession not only in our economy, but the recession in ourselves that is holding us back from doing what is right to help one another in this world. Just imagine our successes and what we can do if all 306 million plus of us pull together as one. As an 18 year old teenager, I have hope that one day before I die, I can see America becoming a truly great nation again. Lets not let us down. Our future depends on it, literally. CNN, please post this! I think a lot of people need to hear this. God bless our country, President Obama and his family, and God bless the world.

But it's ok, senator Gregg, to run two wars, one based on a lie, and let wall street run amok, while cutting taxes on the top 5%? That's ok, right? It's amazing how Republicans are only on board when it helps them and their corporate ceo friends and contributors, who then stash their cash in the Caribbean or Switzerland. Yet we keep voting these guys in. When are we going to learn? We need to wake up, America.

What is Gregg talking about? President Obama inherited a 1.2 Trillion dollar deficit from Bush and the good for nothing GOP.

What a suprise. Along comes one more of the losers who caused the collapse of the American finacial system claiming "you can't blame that on bush." NONSENSE !

Neoliberal economic policies dating back to Reagan and continued by the Bush family and their allies in congress caused the financial meltdown (Bush called for the first "bailout" on his way out the door) and Bush's ill conceived, unnecessary war in Iraq are major drivers of the current government debt.

It is not possible to bail out the banks and insurance companies and start two wars without raising taxes.

The American public needs to wake up and understand that this is what the world looks like when you allow republicans to spend spend spend on wars while refusing to raise taxes.

Creating national deficits seems more a Republican tendency since I started voting in 1980. At least improving our nation's health is a morally valid venture and honorable political ambition. Perhaps the Nordic folk understand courageous political vision (e.g. Nobel Peace Prize) better than us.

DUH, anyone with common sense can see that we are on the path of financial self destruction and Obama G20 initiative will rely on the world bank to bail us out. I hope that the next administration holds the entire Obama regime as traitors to the american people for destroying the country and for initiating policies that systematically threaten america's abilty to defend ourself and our sovernty. Our country is being taken down on purpose and this malicious financial irresponsibility is premeditated treason

He must realize that the huge amount of money now being spent to Save the Economy and the BANKS was a must do !

After the Bush administration just about destroyed the whole thing.
Obama was handed a huge disaster which he is making progress
doing, no thanks to people like Gregg !

When will ALL members of Congress realize that the money they want to spend belongs to those who've earned it? Quit stealing the working man's money in order to appease the Socialists in this country. It's nothing more than a corrupt government would do in another country.

Gregg is a fumbling idiot. So his comments are null and void. He couldn't find his behind if you drew a line to it.

You can't blame Bush??? Well, hell, I can. At least President Obama is spending money on programs to help people. I have a great idea on how to cut the deficit – get rid of the Bush tax cuts to the rich and end his war in Iraq.

Gregg carfeully avoids the fact that most of the deficits to date have been a direct result of:
1. Bush tax cuts for the rich
2. Unfunded wars
3. Unfunded pharma benefits
4. Bush fiscal recklessness
5. Trickle Down economics

I don't think the man is too far wrong. He isn't running again and politcally won't be harmed by speaking the truth. I can't lay this on Obama alone. Our Congress is bringing us down.

Where were all the "fiscal experts" like Gregg duringt he 2000-2008 "dark ages" when GWB spent this country into a "black hole?

utterly stupid!

the only way a republican couldn't blame bush for the massive debt is if obama started in the black with a balanced budget, and a solid economic spreadsheet. we have had 8 years of unchecked war, and a banking a regulatory mess of biblical proportions left by bush and cheney.

100% of obamas time in office has been cleaning up bush's planetary scaled mess or starting what should have been done 8 years ago. sadly the u.s. is not a position of doing all the hard stuff one at a time, we need to confront all the problems longitudinally and systemically. we must carry some debt to restart the economy and then retool the u.s. industry to compete in the future... one way to help is to overhaul health care which is a huge cost, transform education, etc...

Yes go ahead blame the current administration for the debt as if the past administration had nothing to do with it. Yes we are spending money but its what do we have to show for it is the question. The last administration spent alot of money but yet the Republicans have gotten amnesia but YES! blame President Obama it dont matter whats done is done and somebody have to own up to responsibilty. BUT THINK ABOUT THIS AMERICA IT COULD HAVE BEEN WORST SO BE THANKFUL AND BE PRAYFUL AS WELL!

Hmmm if Gregg really felt this way then why was he a) not vocal about it to G.W.Bush, 2) Why not accept Obama's offer and fight to have a bigger imact on policy decisions, 3) the gov taking on that about of debt was not an issue during the Clinton years. Ask GW where the all the money went? Oh yeah it went towards a war where there were no weapons of mass destruction...just the bloodshed of our children.

I would like to know where all these budget concerns for our children was when we went to war with Iraq. Lord know we didn't have to go to war. No one had invaded us. THe people who did 911 weren't from Iraq. They new this before one bomb was drop or one bullet was fired. If we are to go into debt. I don't mind spending it here at home in the great US of A on citizen. BIG EXAMPLE HEALTH CARE.

Liberals and Democrats will continue everything on Bush because they are to ignorant and hateful to see the truth that this president is a spending idiot...... I would take GW over this clown that is now in the white house any day of the week....

they have used every adjective to discribe this administration, now it is a "banana republic". What adjectives would he have used for the previous admin? I would have used "dictatoral admin" how is that!

"This deficit is driven by us"

If by "us" he means the GOP during the Bush years, then I agree 100%. Ramming tax cuts via reconciliation, engaging in illegal wars to funnel billions to Halliburton, etc. via no-bid contracts, not factoring in the cost of the war into the budget, and neglecting countless social services and infrastructure projects at home completely depleted the nation's coffers, which were overflowing when Bill Clinton left office.

Now what previous president does this sound like. Bush let the economy crash, tax breaks for the richy rich, put us in 2 wars,didn't put the cost of the war in the budget, spent a surplus intoa deficit, secret medicare prescription bills, shall I go on. And now these republicans who sat idlely by and watch the US crumble, now are screaming at the top of their lungs..My guess they should have been screaming yrs and yrs ago when all this stuff started, but nope, must be quiet, at least we have a tax break that is good for us.. fools, and now they complain. What are they afraid of, maybe the middle class making some headway in this world.

About time for you to retire Judd–you never had much of a contribution on Capital Hill anyway so go back to your "" questionable business deals " in New Hampshire !!!!!

Your readers may know why Senator Judd Greg (R-NH) is upset enough to resign his Senatorship next election. Four of the five top leaders in this state are Democrats, i.e. the Governor, the other Senator and both Congressmen.

How Stupid are you greg? Under H.W. Bush the nation went into a large defict that it took Clinton to get us out of and when he left office he had us in the positive with a surplus to last the decade. Then came jr. war, war, war. spend, spend, spend, and not on the American People. He gave Billions to our enemies or anyone that for the moment would help him. Now We have a president that is thinking of US and our future and everyone knows that it's going to cost trillions in the short run and in five or eight years we can start to think about reversing the flow and getting back to a surplus flow. Everyone but you and the rejects in the GOstoPo. If your car can't get you to work, don't you need to spend money on it to get it fixed so it can get you to work to make the money to pay for the repairs? stop being an idiot.

Your readers may know why Senator Judd Greg (R-NH) has his knickers in such a twist now and will resign this next election. Could it be that he has a hard time accepting the fact that four of the five top leaders in this state are Democrats, i.e. the Governor, the other Senator and both Congressmen? Times have really changed.

“Standards of living will drop if we keep this up,” Gregg also said.

Gregg must be referring to the "standard of living" of those in Congress and on K Street. The rest of us have watched our ability to remain financially solvent go down hill for sometime.

Shut up, you crazy fool!!!!

aka Mr. "T"

You know that Obama is spending all this money that we don't have to clean up the mess Bush left him according to King Obama. I want to know who is going to clean up the bigger by far bigger mess Obama is making if we still have a country left when Obama is defeated in 2012?????

Guess what, Sen, Judd. The standard of living here has already decreased because of Bush tax cuts that were supposed to create jobs and didn't, Bush war spending that was supposed to be limited and wasn't, and skyrocketing health care costs, which will, indeed, ruin this country unless the government takes control. Insurance companies are in it for profit, not for the welfare of us. They make money by denying services and dropping the insured once they make a claim. We have to raise taxes in a fair manner...the wealthy are NOT paying anywhere near their fair share. I challenge you to support the flat tax...no deductions, everyone, and I mean everyone, pays 15% off the top of all their income. The only deductions would be for charitable giving. I dare you!

Funny, we never knew that Gregg was a deficit hawk when Bush and his Merry Warmongers was turning Bill Clinton's huge budget surplus into a huge deficit. Would a few more tax cuts lower the deficit, Judd?

When one group stands and says we are all right and you are all wrong beware. The Bush administration passed medicare expansion and tax cuts without paying for it. Senator Gregg is a partisan hack which is a shame. His points are absolutely true. But he fails to clearly state why we are where we are at, and the steps necessary to correct the deficit issues. The recession mandated the spending levels we are at. Those levels will be curbed going forward. Health care reform if done properly will begin to bring down the budget deficit. Next up, social security reform that is real. Clear those two issues up and our future is bright.

You're a banana, Gregg. You were asked to join the administration and actually help and instead have become a lying nuisance. You seemed to be A-OK with running the Iraq War into the indefinite future without paying for it.

"“Now you can’t blame that on [former President] George [W.] Bush,” Greg said..."

Simply put, hogwash! The CBO projected that deficits above $1T would result from the Bush tax cuts. John McCain called them irresponsible in 2001 and 2002...and guess what? They were irresponsible! Add an unfinanced invasion of Iraq based on faulty assumptions, utterly lax enforcement of banks and financial firms, and unsound policies on health, the environment, and science. That's the path we took to where we are today.

The policies of George Bush, enthusiastically endorsed by the Republican Party, put this country in the financial ER. We are going to be in the ICU for a while and then recovering for quite a while longer. Don't blame the doctor when you act foolishly and require emergency medical care. That the bill for returning to health is high should be of no surprise.

It has to be difficult to be a wingnut and live in constant contradiction:
While we would all like to see the fewer abortions, the wingnuts then seem to be OK with the deaths of 45,000 who do not have health insurance. Tax cuts for the rich are OK, but not for the middle class. Debt is OK if it is for wars and bailing out banks, but not for job creation or health care. They want small government, except when they want government to step in and regulate cases like Terry Schaivo, women's bodies and wiretapping.

I think everyone would feel better if they were a democrat.

Actually, you can blame the previous president. The Bush administration is one of the biggest spending administration is history. Conservatives that blame Obama are just being hypocrites because they are the ones that voted for all the big spending projects during the previous administration.

I hope cnn wil print this one. What is wrong with all of these right wing NUTS, why can we not blame bush? after all he is the one that ran up the debt while the republicans sat back and let him run amok. billions in cash on palates sent to iraq that was never accounted for, also billions in no bid contracts to haliburton. billions that was under the table and hidden so no one would know about it. also he robbed social security plus he did not include the cost of his wars in the budget . and the republicans sat idly by while all of this was happening.

The figures, Gregg told King, “mean we’re basically on the path to a banana-republic-type of financial situation in this country. And you just can’t do that. You can’t keep running these [federal] programs out [into the future] and not paying for them. And you can’t keep throwing debt on top of debt.”

That's right. Don't spend money on people. We have to keep feeding the national war machine. Bush and Cheney didn't pay for the war, they borrowed against it. That's much better. Borrow to kill people. It's the thing to do! Spoken like a true Republican.

Mr. Gregg: Where in GODS EARTH were you when 43 was spending President Clintons surplus?,starting a war in Iraq with NO WMD(cost 10 billion a month)? bailing out A.I.G and Wallstreet with NO REGULATION OR OVERSIGHT?, TAX BREAKS FOR THE RICH when we couldn't afford it (2 WARS)? GET MY DRIFT?

The Bush years and Republican majority have already caused a drop
in the standard of living in all but the very top thanks to a total lack of government oversight of the financial secotr and their irresponsible tax cuts for the very richest in the country.

God, Obama is making a mess out of everything he touches and all we hear on the "news" id Rahm Emmanuel blaming Bush for everything.

When is this administration going to show some backbone in foreign policy and some common sense in economic matters. Too busy running around the world blaming Bush andf apologizing for America. Obama'sm every speech still sounds like he is running for President.

Toy wanted the job Obama, now grow up , stop adoring yourself in the mirror every morning and act like a President.

It is amazing that anyone who has had to live within a budget, and that is pretty much every adult, doesn't understand that you can only get by for so long covering bills by using new debt . No matter if you are an individual, a busines, or the US Goverment! Did all those liberals who called us conservatives, idiots, blah, blah, blah, and voted for Obama not realize that Social Security was already bankrupt from all the IOUs the federal goverment has been exchanging for real money? That has been happening for quite some time, Democrate and Republican parties both guilty. Many voters didn't trust Obama, not because he's black, but because of his socialist leanings. The more he pushes goverment intervention the more debt we will incur. What is so scrary is that we have barrowed so much money from our enemies and there appears to be no end in sight. The American people are to be taxed so heavily for health care that there will be nothing left to pay off China. If they decide to demand payment will we sell our children like the third world countries? Silly question?, crazy thinking?; well we have already put IOUs in their bank accounts.

Nice to see someone in Washington has a brain on their shoulders. We used to be a country to be envied, now we are a country going into pathetic almost irreversible debt, mortgaging our future, and a country about to destroy our healthcare system and destroy our utility industry with Cap and tax.

Hold onto your wallets everyone, Obama is coming to take as much as he can from you, all in the name of Yes he can, and will.

Obama's administration, takes credit for anything positive, but never has the guts to take the blame for any of their policies. According to them, Bush is stil running the show, what a joke these guys are. Grow up and take some responsibility for your pathetic actions. With Bush the Dow was over 14,000 and the unemployment rate was under 6% and real wages were growing. With Obama, we are going in the exactly the opposite direction, but sure enough they believe Bush is still running the show, lol.

Hmmm.. if I remember correctly, Bill Clinton had the national debt paid off during his presidency. George W. Bush leveraged America by billions of dollars to fund a war based on lies. Yep...more Republican rhetoric.

Seantor Gregg,

I do not recall you saying anything about the Bush Administration's 9 trillion dollar deficet. And where were you when the Bush Administration launched an "illegal war in Iraq" and were spending billions of dollars per month! And much, much more.....You and the entire Republican Party are nothing but hypocrits!!!

Naturally, the GOP operatives won't take any blame for doubling and redoubling the national debt over and over again. Reagan tripled it and not one GOP mouth sounded any alarms at all.

When Clinton came into office, suddenly these spend thrifts became balance budgetteers. Then when Bush climbed into the White House, they happily doubled the debt, as per usual.

Well Mr. Gregg who should we blame. When Clinton left office there was a federal budget surplus and after 8 years of GWB and the Republicans now we have a deficit exposion. Where were you then?

Another GOP Clown waking up after being sleep for eight years.

John King is biased! He always INFACTUATED with repuglicans and give them more time or a bigger voice on his show! Gregg is just another doomsday repuglican talking head! He and these tea baggers, republicans and some socalled independents hide behind manufactured policy differences, so their racist agenda cannot be attacked! Here is one example! George Bush squandered 5 trillion, did not pay for 5.4 trillion in tax cuts, child medicare, or disability bills, bailouts, and left Obama over 8 trillion deficit! HOW IS OBAMA HURTING OUR GRAND CHILDREN! GEORGE BUSH DID THAT, HE DID NOT PAY FOR NOTHING! Almost 400 billion of Presidents 1.4 trillion budget deficit is from George Bush! Under George Bush this country almost went into depression, 2 Wars, 2 nuclear threats, Wall Street, Auto, Mortgage, Healthcare, and Banking crisis! WHERE WERE THESE TEA BAGGER PROTESTERS AND DEFICIT HAWK REPUBLICANS! WELL, BUSH WAS A WHITE MAN!

Senator Gregg states clearly here what so many people who support Obamacare just ignore; this outrageous debt is sinking the future of our country. It is better to talk about this now instead of waiting until people pay more than half of what they earn to help the Federal government pay this back. That is, those lucky enough to find jobs as our economic problems are perpetuated under such a heavy debt load.

Judd Gregg is absolutely correct on this one. Huge deficits are unsustainable which currently is the result of huge war expenses and decreased revenues caused by large layoffs because of the financial crisis caused by Wall Street.

Therefore the solution is quite simple. Eliminate the huge military budget and the funding of the needless war machine and tax the hell out of the very people who were the cause of the reckless fiscal policies. This will get the budget back in balance in short order.

I seriously doubt that Judd would buy into this solution, since he has continuously supported the failed policies of Reagan and Bush who were responsible for the bulk of the debt this country has today.

Will someone please hire Sarah & Todd so we can get them off the list of the unemployed?

Is CNN trying to be "FOX lite" . You seem to be trying to create new controversy to pass off as news.

So AGAIN I ask Mr. Gregg and the other GOP members, what would they do to get us out of a situation they themselves got us into? How do they suppose we correct our fiscal travails that wouldn't have happened if regulation had been in place to keep the financial industry from crippling our economy? Oh, that's right; the GOP doesn't BELIEVE in regulation! So how would they get our economy back on track, by cutting taxes? Oh, wait...didn't they already try that? That didn't work out too well, did it? So maybe we should cut spending. I'd go along with that, except for the fact that they themselves spent BILLIONS on the Iraq war, Part D drug prescription benefit, adding a new government post, among other things. It's very interesting how short a memory people have when they're out of power.

Bush drove the nationa ldebt from 5.5 to over ten trillion during his tenure.Can't blame BusH/ certainly can

Which is why we can't afford to win in Afghanistan, and have to cut spending on Medicare. We simply don't have the money for another 80 billion per year spent on that conflict.

More importantly, Americans have to accept higher taxes in some shape, manner or form.

Whether it be a new national sales tax, government revenue from cap and trade, and/or allowing the Bush tax cuts to expire.

If you are a Muslim terrorist, like Bin Laden, you understand the only wayt to defeat the US is from the inside.

Since he chose to use the Twin Towers, our symbol of financial supremacy to be his first targets, he has succeeded in one thing, bringing down the US financially.

We are fighting two wars in Muslim territories while borrowing at a ferrocious pace from the very Arabs that want us dead. Who is leading this debacle? NObama. Put the pieces together America before its too late. We are being sold out from the top of our country, and we're allowing it to happen.

If the far-right (Dick Cheney, Liz Cheney, William Kristol, Project for a New American Century, etc.) had THEIR way, we would be spending TRILLIONS of taxpayer dollars turning the United States into a world-dominating MILITARY EMPIRE, and then spending TRILLIONS more bombing, invading and occupying every last country on earth who refuses to serve OUR interests of who "dares" to publicly oppose us.

I wonder if Sen. Gregg is "concerned" about the cost of what the neo-cons would like to do with our money?

we libs can always, and i mean always blame bush
the public be stupid

blame bush, thats all we got

Typical. Says we are spending our way to oblivion, says you can't blame Bush but you can Blame Health care reform. Give me a break. Did he bother to read why we have such a huge Deficit? 2 wars (running on a credit card), One time stimulus, one time TARP and falling tax revenue. Oh, and the baby boomers are going to blow the crap out of Medicare and Social Security. He is right about the problem. Congress.

Lets start a draft for our wars, start a war tax to pay for our wars and cut spending (Across the board, including military spending) and raise taxes. The problem is neither republicans or democrats want to do any of that.

Oh, and until republicans submit a plan to the CBO, THEY DONT HAVE A PLAN.

It is very interesting that the GOP has suddenly become very wary of deficits after Obama won the election. The fact of the matter is that most of the federal debt (about 3/4) was incurred by 3 presidents, Reagan, Bush, & Bush. Some comments are even assigning the TARP funding ($1 Trillion) to Obama even though that spending was OKed under Bush. I just hope the GOP is returning to responsible funding rather than finding another avenue for partisan attacks.

“Now you can’t blame that on [former President] George [W.] Bush,” Greg said.

How pathetic to be trying to cover-up for the catastrophic Bush Administration.

Of course you can blame Bush for a large part of the crisis–8 years of constant deregulation, Bush's coveted "ownership society" (which proved to be a cover for the sub-prime scam) and constant lying about how great the economy is going.

This is Bush's Depression, and I'm the history books will not spare him. That's what we get for electing an incompetent, well-connected, lying tool.

We blame it on people like you Gregg !!!!

Fox lies is taking advantage of a lot of scared people, much like the carpet baggers did to the south after the Civil War.

You must be careful about criticizing the Obama administration or they will call you a racist. Are people not scared about the NAZI tactics taken by this administration to shut up its critics. They call peaceful protests the work of mobs, they call citizens expressing their concern racists, they try to blackmail bank officers and CEO's of major companys, they attack a news organization, they try to shut up free enterprise by threatening IRS audits of legitimate companies. Every day we lose a little bit more of our constitution and our freedoms. I am scared, very very scared.

Give us a break, the republicans started this deficit, we will give Obama 8 years to fix this mess, it will start by stopping the tax cuts to the wealthy next year.

Gregg is an embarrassment to the citizens of New Hampshire he purports to represent. New Hampshirites have become steadily more progressive over the past years as evidenced by the bluing of the state which now a centrist Democratic governor, all Democratic representatives and a Democratic senator. NH is fiscally conservative and socially progressive and its people are generally appalled at the current far-right rhetoric with its hollow ideas and ignorant foundation. Gregg embarrassed his constituents with his deplorable snub of the Obama Administration's bipartisan outreach. There's a reason Gregg isn't running for re-election – he can't win here.

Andrew from Bow, NH

That would be the direction that the foreign billionaire, who controls a lot of media markets in the US, would like to see the US take.

Gregg and the republicans are hoping that is the case. However like most sniveling wingnuts, he is a fear monger who will be proven completely wrong.

He never voiced a concern when Bush was running up the deficit and got rid of a surplus made by Clinton. Just another hate/fear/obstructionist Republican. Have the Republicans' ever heard of the "boy who called wolf"

This will not change as long as the population remains selfish (my needs are important, but those of others are wasteful) and Congress remains gutless and myopic ( I can't make the tough, but necessary decisions for the good of the country as long as it might risk my reelection chances with my political base). Our forefathers would be ashamed of all of us – they risked everything against the greatest power on earth at that time in order to establish this country. If we can't make equally great sacrifices for the good of the country, we don't deserve what we were given and we will lose it!

First of all, do the Repblicans agree with any pick? Secondly, why do we only hear what the GOP has to say about things. It's hardly in their interest to say something positive and they've proven repeatedly that their sole purpose and strategy is to counter anything that this administration attempts. They never offer constructive input.

Too bad mr king didn't have the courage, or perhaps the knowledge to ask Mr. Gregg why the Freddie Mac report, ( a key financial report ), has NOT been presented to the President, and the American people. This report was to be completed for presantation by the end of May, 2009..does anyone care..

What Mr.Gregg fails to remember is that GWB started this FY term while he was in office. Also, if I recall, GWB signed into law a $750B bank bail out before Obama took office. He also was asleep at the wheel while the bankers and wall street went crazy plunging us into this situation. Glad he turned down the offer from Obama but what right does he now have to complain when he had the chance to be part of the fix? Politics is his game not truely fixing the problems and serving the people. Next.........

If Sen. Gregg is SO concerned about a "huge expansion of government," why doesn't he speak out about Dick Cheney, Liz Cheney, William Kristol, and the PNAC wanting to turn the United States of America into a GIGANTIC military empire that uses a GIGANTIC government run-military to bully, intimidate, and coherce the rest of the world into being subservient to the United States?

Talk about a huge expansion of government...

Again, where were all these fiscal conservatives while Bush & Co. were taking us deeper and deeper into the Middle East quagmire? Where were they on the Bush tax cuts and rebates that played a significant role in this mess? Where were they when Bush l continued the unconscionable deficit spending began by Reagan? All while corporate fat cats were getting richer off public money? Gregg is a tool of an INCREDIBLY corrupt GOP, a party which has declared war on the Middle Class and the Poor.

John King is bias he has these Republicans on his show and asked them all these leading questions against the President and the Democrats. John is not neutral, he is a Republican.

The problem with irresponsible Republicans like Gregg is that they use the rhetoric of "tax and spend" against the Democrats...preventing a meaningful discussion of finding the means of PAYING for the programs. The Republicans' solution is to strip the government of its duties to the people so that they can slash taxes for the rich. If everyone were paying their fair share, the deficit wouldn't be a problem.

Remember...Clinton left Bush a budget SURPLUS!

Gregg, the community organizer told us that 1 1/2 years ago when he said HE was going to fundamentally change the United States. His vision is socialism and beyond.

And the solution that he offers is...
Oh, that's right – nothing.
Can't blame it on Bush? How about we repeal that trillion dollar tax cut that Bush handed out? How about we end the Iraq and Afghanistan wars that Bush got us into? How about we stop bankrolling these investment firms and defense contractors? You never hear Republicans talk about these things. It's always "Obama's spending our futures away!" But they never say what we should cut because their friends at Goldmann Sachs and Haliburton would be on the streets.

Where was Gregg, when bush was wasting $100 Billion on the Iraq war PER Month..

Gregg you are such a hypocrite, why don't you suggest some solutions instead of offering criticism. Yet another example that the rethuglicans haven't had a new idea in 40 years. They are so pathetic it isn't even funny anymore...

A hyper-partisan statement from a man who puts his party before his country. Where was all this "concern" when GW was spending, spending, spending...?

where was all you top republic when Bush was spending all that money yall must was on winter break .bottom line Bush left this country screw up and obamo just cant get us out of it

What about what you can do Mr. Gregg. I didn't think Gregg like the rest of his GOP buddies have a solution. The only solution for guys like Gregg is a self serving vote and that's not enough.

We need health care reform in the worst of ways but the people in Washington DC need to grow up and quit worring about themselves and think of the people like myself who struggle paycheck to paycheck to make ends meet. That is the biggest problem with this country the people who are making the laws do not have to worry where there next meal is coming from or if they are going to be able to afford to put there children through college because they are already financially set for life. I think they are all way over paid and most are crooked and dishonest and really do not care about anyone except themselves.

Oh gee, so what else is new from him....is that the Republican memo for the day???? I wonder how many more will be saying the same thing?????

The WH and congress which try to limit salaries on wall street for taking risk and driving the economy down, should also limit their own salaries (and salaries of their czars and other members of their excessive entourage).....

This guy should go to NH and retire!!!

Gregg should know , he and his GOP group have set this country back 10 years under Gregg and his right wing nuts along with what Bush has done what several wars and other countries could not do. but have tried. Hopefully Texas and Arizona will take all the screwballs in New hampshire with them when they secede. We may eventually become a respected country again.

For a lot of us baby boomers we are already being choked to death by the debt. With no cola for the next 3 years and prices that seem to have no ceiling I don't see how My wife and I are going to be able to afford to buy food. We barely can make ends meet now.

Senator Gregg needs to read up on the history of what happened to this country when Republican Herbert Hoover did nothing in the 1930's and the country slid into the worst depression in this nation's history. We were about to go-over-the-cliff when President Obama took over from George Bush and drastic measures were needed to keep this country afloat. Nobody wants these huge deficits but this was the only way to rescue the country and things are beginning to turn around. Heavens knows what would have happened if President Obama had not acted. Once jobs start to return, we will be back on the road where we were before Republican George Bush killed the economy.

These people in the administration DON'T CARE!
The way they look at it is this...
The poor people need all these things and have been deprived.
Therefore we'll give them it all...

Nevermind that their own endless spending and not saving got them there in the first place.

AMEN TO THAT!! With a President spending as if HE won the lottery!
What are we to do?????

One thing–there are no experts on Capital Hill, anywhere on Capital Hill. That said–the Senator from NH is correct about the deficits and the systemic risk being Congress itself. Since Eisenhower, the Congress has shown no propensity towards thrift or self-accountability for their mistakes. If someone thinks forty years down the road about our ability to negotiate treaties when we owe the countries we're negotiating with money we can NEVER repay, the destiny of the country and our personal rights and freedoms seems pretty clear. Combine the overspending with the lack of attention to our Education system–overloaded primarily due to illegal aliens and their progeny, and the result screams Banana Republic. Those in Congress ignore all of America's problems for cash under the table. The corruption and lack of representation needs to stop before we can move forward on anything.

Nice try, Gregg. Take a look at Bush's deficit projections during his reign of terror when you actually count the wars in Iraq and Afghanistan, as opposed to having them conveniently be "emergency funding" for the entirety of the wars. Then let's compare the numbers.

Before you slander this man as an idiot, keep in mind he was Obama's pick for a cabinet position for a reason. Gregg is a very sound economic mind, and he is very likely correct.

I agree that if every president was like Bush, we would have serious fiscal problems.

THAT DOESN'T MEAN IT IS OKAY FOR OBAMA TO ACT THE SAME IRRESPONSIBLE WAY AND CITE SOME KIND OF PRECEDENT.

Seems the only responsible action that Congress can take is to cut all federal spending except Defense (lowered to $250 billion) and raise federal taxes sufficient to offset the deficits and the total debt. Since the adults ran-up the deby, the adults should pay the debt and not leave it to our children and granchildren.

Gregg is a shill for Dubya! As has been stated, Dubya made several calls to this guy when Pres. Obama slated him for a position in his administration...Gregg is good friends with Dubya and was told under no uncertain terms not to take the job!!! How come Gregg hasn't talked about how much the "real" debt was under Dubya when the wars were NEVER included in any of his budgets!!! and Dubya still managed to double the debt without taking the wars into consideration..hmmm, and we should believe Gregg why???

Its an insane argument that says that the debt under Obama is worse than the debt under any other president. Debt is debt no matter how it is engendered. The point is to get out of it and no matter what- as the economy grows, debt naturally lessens.

To focus only only on the future rather than the hardships Americans face today is ignorant.

Where were you during bush's reign......It certainly is odd and very very suspicious that all these republican hacks are now jumping up and down and spewing about fiscal responsibility..

NOT A DARN ONE OF THEM SAID A WORD WHEN BUSH WAS SPENDING LIKE A DRUNKEN SAILOR. All they did was vote YEAH. YEAH. If they would have stood up and said WHOA...maybe we would't be in this mess today.

But of course with the Fox News dung group and people like rush and drudge and malken and beck trying to shift the blame to this administration it would take the whole world to constantly refute the erroneously information they are yellling.

Biggest bunch of nuts in Congress. Scary. Obama does not know how to rule this country.

During world war two, Tokyo Rose was a Japanese radio propagandist who did her best to demoralize our troops in the Pacific.

Her daily emotionally wrenching broadcasts exacted a large toll on the morale of our troops.

When the war ended she was arrested and punished.

The GOP, Fox broadcasting and the twisted Rethuglicans who defend the network are exacting their own toll on American morale.

Do I need to complete the analogy ... ?

“Now you can’t blame that on [former President] George [W.] Bush,”

Dear Senator Gregg,

When George W. Bush took office, the budget was balanced (by Democrat Bill Clinton).

Then Bush and you launched the invasion of Iraq for no other reason than to transfer BILLIONS from the U.S. Treasury to corporations that back Republicans.

By 2008, this decision to base our economy on placing the country in a permanent state of undeclared war, while cutting the taxes for the rich, and letting the Bernie Madoffs plunder Wall Street led us into the worst economic crisis since the Great Depression of 1929.

So yes, Senator Gregg, George W. Bush, Judd "rubber-stamped EVERY Bush decision" Gregg and the Republican Party are literally to blame for ALL of our current economic problems.