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Posts tagged ‘Judd Gregg’

Wyden Waiting in the Wings to Take Over Senate Finance.


Image: Wyden Waiting in the Wings to Take Over Senate Finance

 

By Elliot Jager

Sen. Ron Wyden is set to become the next head of the Senate Finance Committee if Montana Democrat Max Baucus retires as expected to become the next U.S. ambassador to China, the Wall Street Journal reported.

The Oregon Democrat, respected in his party for his generally liberal views but described by Republicans as willing to reach accommodation across the aisle on economic issues, is expected to push for tax reform, which could include a substantial in the corporate tax rate from 35 percent to 24 percent, according to the Journal.

Bloomberg also reports another reason for Republicans to like him: he is “an ardent advocate of tax simplification,” favoring individual rates at 15, 25 and 35 percent.

Former New Hampshire Republican Sen. Judd Gregg, who worked with the 64-year-old Wyden on a tax reform measure some years back, told the Journal that Wyden has an “unrelenting positive outlook” on things and never gave up trying to hammer out a bipartisan bill even though it ultimately died without consideration.

Another House Budget Committee Chairman Paul Ryan, also said Wyden “understands that true bipartisanship builds on the best ideas from both parties.”

The Wisconsin Republican, who is likely to succeed Michigan Rep. Dave Camp as chairman of the House Ways and Means Committee, would have an opportunity to work with Wyden again next year if Republicans hold the House and Democrats hold the Senate. The two have worked in 2011 on Medicare reform plan, an effort that did not sit well with some of Wyden’s liberal colleagues, The Hill reported.

Wyden, however, has said that he has no plans to work with Ryan again on a Medicare reform effort, although the program remains one of his concerns. He reportedly believes that some effort has to be made to ensure that the program is more sustainable and more focused on chronic health problems.

“His big thing is that if you’re not talking about Medicare, you’re not talking about [fixing] the budget,” former Wyden aide Barbara Smith Warner told the Journal.

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Judd Gregg: GOP Faces ‘Key Test’ on Immigration.


Image: Judd Gregg: GOP Faces 'Key Test' on Immigration

By Melanie Batley

The debate over immigration reform represents a critical test for Republicans. It will determine if their party will be fit to govern the nation into the future, according to former Sen. Judd Gregg.

In a column for The Hill, the New Hampshire Republican says a broad tent, two-party system will continue to be vital in reaching consensus on the major issues of our time.

“As the House Republicans struggle with how to approach the subject of immigration, a much more significant issue is in play. It is the issue of whether we will continue to have a viable two-party system as the core of our form of governance in America,” Gregg writes.

He says America’s constitutional system, with its checks-and-balances, was “the great genius of our founders,” but as American society has become more diverse and expansive, the two-party system has become necessary to execute the system over time.

“The importance of the parties is that they represent a preliminary but necessary step in the critical process of reaching consensus. It is only then that governing can occur,” he says.

Gregg contends parties, therefore, have a responsibility to remain inclusive, but the Republican Party currently risks abandoning its history of inclusiveness.

“How House Republicans handle the issue of immigration will be a key test. Can the party continue in its role as a national force for consensus and good governance in the near future? Or will it take an exclusionary path that will inevitably lead to it being a permanent minority voice?

“If it chooses the latter course, it will have abandoned its large and critical responsibility to be a part of a reasonably well-governed constitutional system built on the need to reach consensus,” he writes.

“It is a key moment. One can only hope that the party selects the right path.”

© 2013 Newsmax. All rights reserved.

Judd Gregg: ‘Tidal Wave’ of New Laws Will Hurt Quality of Life.


Image: Judd Gregg: 'Tidal Wave' of New Laws Will Hurt Quality of Life

By Melanie Batley

A “tidal wave” of new laws and regulations coming out of Washington will undermine economic growth and reduce the quality of life for the next generation of Americans, according to former Sen. Judd Gregg.

In an op-ed piece for The Hill
 the New Hampshire Republican says many policies are well-intentioned, yet the cumulative effect of the “long and pervasive” list of initiatives, starting with Obamacare, threatens America’s future.

“It is fairly obvious that as Obamacare kicks into action, economic activity in many areas will be stalled,” writes Gregg, a former chairman of the Senate Budget Committee.

He said small businesses fearing the cost of the new law will not hire permanent employees, while people currently under employer healthcare plans could end up losing coverage and being forced into health exchanges. Individuals purchasing their own insurance could see their premiums skyrocket, he said.

“Obamacare overall springs from an appropriate desire to see all Americans have health insurance. But its specifics were thought up and are being executed by an elite in Washington that does not believe in markets. The result for most Americans will be fewer options and higher costs. Their standard of living will suffer,” Gregg writes.

In addition, Gregg says, the administration’s energy policy is misguided. Its preoccupation with carbon reduction, he contends, will force America to continue its reliance on foreign sources of energy, thereby undermining the economy.

He lists an increasingly redistributive tax system, a “massive” regulatory expansion in banking, and an anti-competitive educational policy as factors contributing to the nation’s declining standard of living.

“Taken singularly, these initiatives pouring out of Washington might be survivable. The economy might be able to absorb them and the inherent ingenuity of the American people might be able to overwhelm them,” he says. “But they are not coming at us individually. They are coming at us like a tidal wave, and the result is as predictable as is the fact that Washington does not even see this effect, much less have concerns about it.

“For most Americans, this excess of well-intentioned government is going to cause the standard of living to go down.”

© 2013 Newsmax. All rights reserved.

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