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Hear from Senator Judd Gregg on the economy, the Iraq war and election year politics. Up Next. |
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A conversation with Judd Gregg on the nation's fiscal woes, the lingering war, and election year politics. NEXT. |
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Hello, I'm Beth Carroll. Welcome to NH Outlook. We're here at the NH Political Library in Concord for a conversation with NH's senior senator Judd Gregg. In this election year. voters feel the "economy" is the most important issue facing the country. Housing values are down, gas prices are up, and credit is tightening. The President says its up to Congress to save the economy. As a ranking member of the Senate Budget Committee, the Rye Beach Republican holds a position of considerable influence. Senator Gregg Welcome. |
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Q Senator Gregg: There are plenty of influential economists that support fiscal stimulus that puts money into taxpayers pockets. YOU do not. WHY do you think it won't work? ECONOMY Q Fed has cut rates --…takes a while to affect economy. What can be done NOW to stimulate the economy? Q Will relief come soon enough? Will it be too little, too late? Q Credit is TIGHT. You've seen this as Gov of NH. How does what's happening today in our economy compare to what NH went thru in late 80's and early 90's? |
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This is the third in a series of "check-in" interviews with our Congressional delegation. Stay tuned in the coming weeks as we wrap up our series. for our interview with Congresswoman Carol Shea-Porter. That wraps up our program. Special thanks to the NH Political Library, located in the State Library in Concord, and thank you for watching New Hampshire Outlook. I'm Beth Carroll. I'll see you next time. |
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Did you have a reaction to any of the stories or interviews featured in this program? Did we miss anything or do you have suggestions for future Outlook espisodes? If so, we want to hear from you. Drop us an email at nhoutlook@nhptv.org. As always, you can find these stories and more online at nhptv.org/outlook. Connect with us online. New Hampshire Outlook is available online on demand at nhptv.org/outlook. We've been streaming our programs since Outlook premiered in September 2000. Whether you want to watch this show again, email it to a friend, search and watch past programs or get more information on thousands of stories and topics, you'll find it all at nhptv.org/outlook. |
| notes Return to index of stories... |
The Rules Committee of the Republican National Committee has adopted a plan that would preserve New Hampshire's first-in-the-nation primary status. By a vote of 28 to 12, the committee passed the "Ohio plan" that would allow New Hampshire to be the first primary state and specifies that South Carolina follow New Hampshire for the first time recognizes and preserves the primary's first-in-the-nation position. It's a stark contrast from the current GOP rule, which allows no special status for New Hampshire. But it allows only Iowa to hold its caucus before the New Hampshire primary The national GOP now finds itself set to sanction New Hampshire for breaking the current rule while endorsing an early primary for 2012. That inconsistency will give local Republicans and McCain a strong basis for an expected effort at the convention to seat the full delegation. by not extending the Bush tax cuts, the effect will be a 1.4 TRILLION dollar tax increase! Reconcilliation." Senator Gregg says is a very significant weapon in the arsenal available to the Senate Budget Committee. In the past, it has been used to direct savings in specific spending areas, even after budgets are passed. Now, the Democrats, after years of proper use, the Democrats are using it agressively for the opposite of its intention to circumvent the fillibuster. HOUSING The White House promised on Tuesday to veto a bill seeking to follow up the recent economic stimulus package with several proposals to shore up the struggling housing market and reduce foreclosures. Senate Democrats had The Democratic housing bill would change bankruptcy laws to allow judges to cut interest rates and reduce what's owed on troubled borrowers' mortgages, provide $4 billion to communities to purchase and rehabilitate foreclosed homes, and improve disclosure of subprime mortgage loans in hopes that borrowers won't be surprised by big payment increases. That bill was strongly opposed by the White House and other Republicans, who argued that permitting judges to modify mortgages would cause lenders to tighten their standards and raise interest rates. At the time, many Republicans were reluctant to pursue any intervention in the housing market, and Senate Republicans last month blocked the initial Democratic bill. Q Does -- put taxpayers on the hook for the bailout of Bear Stearns, SenatorsWhat can congress do about the sub-prime meltdown? Q Home Ownership, Manufacturing, and Economic Growth Act of 2008 - how does this help homeowners struggling with housing market? Q You suggest helping those with sub-prime loans to re-finance so they don't get foreclosed on. current and future spending proposals coming down the pike. Gregg says: the 2008 budget proposed by the Democrats will add an additional 2.5 trillion dollars worth of debt over the next five years. by not extending the Bush tax cuts, the effect will be a 1.4 TRILLION dollar tax increase! Reconcilliation." Senator Gregg says is a very significant weapon in the arsenal available to the Senate Budget Committee. In the past, it has been used to direct savings in specific spending areas, even after budgets are passed. Now, the Democrats, after years of proper use, the Democrats are using it agressively for the opposite of its intention to circumvent the fillibuster. Primary ?/ |