From Newsmax:
The Republican President Barack Obama once nominated as commerce secretary said Sunday that the U.S. is on the brink of a fiscal meltdown that will give it “third-class status as a nation.”
Sen. Judd Gregg, R-N.H., the senior Republican on the Senate Budget Committee, told C-SPAN that the biggest problem faced by the country is “the impending fiscal meltdown of our nation,” a risk he said is only exceeded by the risk of a terrorist attack using weapons of mass destruction.
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