[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/02/18/art.getty.gregg.obama.jpg caption="Just two weeks after withdrawing his name from consideration for Commerce Secretary, Sen. Judd Gregg has finally accepted an invitation from President Obama."]WASHINGTON (CNN) –– Just two weeks after withdrawing his name from consideration for Commerce Secretary, Sen. Judd Gregg has finally accepted an invitation from President Obama: The New Hampshire Republican will attend the Fiscal Responsibility Summit at the White House at the end of the month.
“Reform is urgently needed, especially as long-term entitlement spending threatens to strangle our economy, and action must be taken sooner rather than later,” Gregg said in a statement released Wednesday. “I will certainly do everything I can to work with the President and others in Congress to set a course for the long-run that addresses the issue of how we pass on to our children a government they can afford.”
Gregg, the ranking Republican on the Senate Budget Committee, will join other members of Congress to help the administration develop a plan to reduce the costs of entitlement spending programs like Social Security and Medicare.
Last week, Gregg cited “irresolvable conflicts” with Obama administration policy for his decision to pull out of the nomination process.