Kent Conrad acknowledges the political challenges ahead.
10/28/2009
https://www.congress.gov...
The President has put in place a Fiscal Commission. Senator Gregg and I tried to get that Commission authorized by law.
Revenue is the lowest it has been as a share of our gross domestic product in 60 years.
Spending is the highest it has been as a share of our gross domestic product in 60 years.
We were unanimous in our position. Unanimous. Very rare in today's political climate.