Political Quotes

Kent Conrad: “I think in section 920, we are at about $38 billion. That is over 5 years. The $7 billion I was referencing is for 1…”

On the recordMarch 22, 2007
I think in section 920, we are at about $38 billion. That is over 5 years. The $7 billion I was referencing is for 1 year. The comparison I was making is that the President had given us similar offsets of about $7.5 billion for 1 year. The appropriators, in the last major bill for last year, did $6 billion for the year. So what I am trying to communicate is that I think we are pretty close to fully subscribed there. There is an alternative that would be a deficit-neutral reserve fund that leaves open to the committees of jurisdiction--it actually gives them more flexibility, I would say to the Senator. I would enthusiastically support that, if the Senator would consider a modification.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing budget allocations and potential modifications to funding proposals.

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