Grassley: Obama plans welcomed in Europe because they're socialist

President Obama's economic plans will be greeted warmly by foreign leaders because they are mostly socialists, Sen. Chuck Grassley (R-Iowa) asserted Wednesday.

Grassley insinuated that because the U.S. government under the Obama budget is growing, he will find a friendlier audience among world leaders to his left while meeting this week at the G-20 summit in London.

"Oh, I think they'll be greeted very well because he's meeting mostly with socialist leaders, except for, you know, a couple countries, and his program over here is leading us towards bigger and more government," Grassley said Wednesday morning during an appearance on MSNBC.

"They ought to applaud it," Grassley said in anticipation of the leaders' reactions. "They think that the United States can save the entire world."