Kent Conrad actually said...

I give him credit for stabilizing the debt, but it is stabilized at a level that is too high.

Kent Conrad acknowledges the President's efforts but criticizes the high debt level.

01/06/2011

More Kent Conrad Quotes

This is a very bad place to be.

It would be better if we had had more fiscal space coming out of the last boom.

We are borrowing 40 cents of every dollar that we spend.

we do not just have a spending problem, although we do have a spending problem, we also have a revenue problem.