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Thursday, July 21, 2011

Former Senator Judd Gregg Says Shutdown Needed Before House Will Agree To Debt Limit Deal - Zeke Miller and Courtney Comstock

http://www.businessinsider.com/former-senator-judd-gregg-says-shutdown-needed-before-house-will-agree-to-debt-limit-deal-2011-7?op=1

A deficit hawk and former Chairman of the Senate Budget Committee, Gregg turned down an offer from President Barack Obama to be his Secretary of Commerce.
Now an analyst with Goldman Sacks, Gregg said on a conference call this morning that there is a better than 50 percent chance that Congress will not reach an agreement before August 2nd.
Gregg said that if that were to happen, it "would put the blame on the Republicans," saying House GOP'ers are the biggest obstacle to a deal.

 

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