Kent Conrad actually said...

We need honest budgeting. We have got to have that, facts-based budgeting, not fantasy budgeting.

Emphasis on the necessity for realistic budgeting practices.

03/16/2011

More Kent Conrad Quotes

This credit crunch is real and it is having a ripple effect way beyond what we had seen in the 1982 downturn.

Debt has to be paid back.

the notion that we are going to go from 16 percent of GDP to 18 to 20 percent of GDP, we are on a track now by 2015 we are going to be at 20...

I like that idea very much.