Video archive of the US Congress

Senate Proceeding on May 18th, 2010 :: 0:59:00 to 1:00:40
Total video length: 2 hours 39 minutes Stream Tools: Stream Overview | Edit Time

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Judd Gregg

0:58:45 to 0:59:05( Edit History Discussion )

Judd Gregg: yield my time. the presiding officer: the senator from new hampshire is recognized. mr. gregg: thank you. mr. president, i know we're in morning business, but at the conclusion of morning business, i will be offering an amendment which i understand is the next one in order. i justant -- since there was nobody here taking the morning business time, i wanted to begin

Judd Gregg

0:59:00 to 1:00:40( Edit History Discussion )
Speech By: Judd Gregg

Judd Gregg

0:59:06 to 0:59:26( Edit History Discussion )

Judd Gregg: the discussion of that amendment. this amendment which i am proposing goes to this whole issue of who the taxpayers of america should bail out. i personally don't think they should bail out anybody, to be very honest with you. they certainly shouldn't be bailing out financial institutions that have gotten too big.

Judd Gregg

0:59:27 to 0:59:47( Edit History Discussion )

Judd Gregg: they shouldn't be bailing out automobile companies that have overextended themselves and are doing a poor job. they shouldn't be bailing out other countries. they should be certainly not bailing out states and local governments who are about to default on their debt.

Judd Gregg

0:59:48 to 1:00:09( Edit History Discussion )

Judd Gregg: it's very hard to think, to a citizen of new hampshire connecticut, new jersey, pennsylvania why their tax dollars should go to bail out a state which is about to default on the debt that it's run up because it's been irresponsible

Judd Gregg

1:00:10 to 1:00:30( Edit History Discussion )

Judd Gregg: in its spending patterns. the obvious state that comes to mind here is the state of california, which has very serious problems. but they're self-inflicted problems. these aren't problems created as a result of some general problem across the country and they weren't problems created, for

Judd Gregg

1:00:31 to 1:00:40( Edit History Discussion )

Judd Gregg: example, by an event, a catastrophic emergency such as katrina. they were totally self-inflicted problems. and the question is: should the american taxpayer -- all the

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