Gregg Pessimistic Obama Deficit Commission Will Work

Senate Budget Committee Ranking Member Judd Gregg (R-NH) “is expressing doubts about President Obama’s plan to create a bipartisan deficit-reduction commission,” CNN reports.

"I don’t think it accomplishes the goal," Gregg said Friday in an interview. But the New Hampshire senator, who is retiring at the end of the year, said he is willing to look at the specifics before passing final judgment.

[…]

Gregg said that he believes any deficit-reduction commission created by the president will wind up writing "just another good report that ends up on a shelf somewhere."

Obama is “expected to sign an executive order within the next 10 days to create the commission, which would make recommendations to Congress for reducing the deficit, estimated at $1.3 trillion this year.”

(credit image – photobucket)

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Filed under Budget, Interviews, White House

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