Kent Conrad actually said...

Cash is a fact. Income is an opinion.

Kent Conrad emphasizes the subjective nature of income in tax systems.

01/06/2011

More Kent Conrad Quotes

In the short term, we have got to strengthen this recovery.

Senator Gregg and I, who joined together after 2 years of working together on a proposal, were delighted to get 53 votes in the Senate.

my understanding that the operations of those institutions are included in the CBO budget numbers now, but not in the OMB numbers.

The suggestion we do not have to do anything is just not being straight with people.