Word: gregg
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After the 2008 turnover, Tester was only 84th in seniority, so he and his staff spent two months following hallway gossip about which offices would be getting scooped up. Back in January, the dream was that they'd get Joe Biden's office, but Judd Gregg took that, and Bob Casey took Gregg's. When Tester's draft day finally came, he looked at the dozen or so offices remaining, eventually deciding, after three trips, on Mary Landrieu...
...American Society of Half-wits were out in force on the weekend Washington talk shows. The regular guests must have been off celebrating the holiday that falls just after the Vernal Equinox. Among the guests who did show up, the best comments on Sunday came from Sen. Judd Gregg of New Hampshire who had agreed to be the Administration's Commerce Secretary and then pulled out at the last moment. Gregg remains the senior Republican on the Senate Budget Committee...
...odds are reasonable that Gregg came by his high office the same way that John Quincy Adams and George Bush did. Gregg's father was the governor of New Hampshire in the mid-1950s. Judd held the same job little more than three decades later and then was elected to the US Senate. His own accomplishments are so modest that he lists the "Legislative Recognition Award" from the American Ambulance Association as an important milestone on his CV. Gregg's contribution to the debate about the federal budget is a statement he made on CNN's State of the Union...
...Gregg may not be correct and his point of view may make him an outlier. But there is no denying the fact that there has been almost no time spent in the Congressional conversation about what could happen to the budget if either the revenue or expense assumptions at the core of the Administration or CBO analyses are wrong by a substantial margin. The projections of GDP growth only have to be a percent or two too low for deficits to go up by hundreds of billions if not trillions of dollars over the next decade. Not a single page...
...odds that the American Treasury will not be able to sell debt are still relatively low. But, no one, except perhaps Senator Gregg, sitting in high office in the federal government has asked if there are any parachutes in the plane on the off chance that all four engines go out at the same time. That kind of question is the work of unstable or anarchistic minds...