Kent Conrad actually said...

We have got the lowest revenue as a share of the economy in 60 years, the highest spending as a share of GDP in 60 years.

Conrad highlights the current fiscal imbalance of low revenue and high spending.

01/27/2010

More Kent Conrad Quotes

The Federal Government is the worst credit card abuser in the world and we are putting everything on the tab of our children and grandchildr...

The President, I think, has to be supportive.

The problem that we confront is where we are headed. Where we are headed is towards unsustainable debt.

I think this is a different time and a different circumstance.