Political Quotes

Kent Conrad: Yes, not only the incoming administration, the whole country because our ability to cope with an economic downturn, the…

On the recordJanuary 8, 2009
Yes, not only the incoming administration, the whole country because our ability to cope with an economic downturn, the flexibility is substantially limited by what has already been done to dramatically increase the debt, as the Senator described, in good economic times. Unfortunately, that is the reality we now confront. Today's news by the Congressional Budget Office of not only the $1.2 trillion deficit this year but massive deficits as far as the eye can see should sober us all.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing the economic challenges and deficits facing the country.

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