U.S. Sen. Judd Gregg and U.S. Rep. Paul Hodes has released statements about President Obama's budget. Below are the key parts from their statements.
U.S. Sen. Gregg remarks at yesterday’s Senate Budget Committee hearing on the President Obama’s FY10 Budget Proposal:
“The budget on balance spends too much, taxes too much and borrows too much, it’s that simple.”
“I do not argue with the fact that we are in a severe economic downturn…the government has had to step up with a massive injection, an historic injection, of liquidity to try to move the markets and move the economy forward, and that has cost money in the short-run and we accept that.