Byron Dorgan: “It is not true that we have at this point a balanced budget. What is true is the budget is seriously out of balance and…”

“It is not true that we have at this point a balanced budget. What is true is the budget is seriously out of balance and headed south. It is going to get worse and we need to fix it. Ignoring it is not going to solve the problem. We need to jump-start this economy with something that is effective and that is a stimulus plan of some type that gives something to the American people to work with, and gives them some confidence. I happen to believe that Senator Daschle, myself, and others who have talked about rebates make a lot of sense. Incentivizing consumption in the short term and incentivizing business investment in the short term, in an immediate and temporary way, is what I think will give some boost to this American economy.”