Political Quotes

Kent Conrad: “I remember it very well. In fact they had what they called a balanced budget amendment to the Constitution but what they…”

On the recordJanuary 23, 2001
I remember it very well. In fact they had what they called a balanced budget amendment to the Constitution but what they were doing to balance the budget was to raid the Social Security trust funds to achieve balance. That would have been an entirely phony balancing of the budget, I believe.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing the implications of a balanced budget amendment and its impact on Social Security.

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