Political Quotes

Kent Conrad: “I have just gone through an exercise to get the deficit down to 3 percent of GDP by the fifth year of the budget period…”

On the recordJanuary 27, 2010
I have just gone through an exercise to get the deficit down to 3 percent of GDP by the fifth year of the budget period and to balance by the end of a 10-year budget window.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Conrad emphasizes the importance of addressing the deficit and budget balance.

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More from Kent Conrad

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It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

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Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…

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We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.

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I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.

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