Kent Conrad actually said...

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

Kent Conrad highlights the significant borrowing in the federal budget.

01/06/2011

More Kent Conrad Quotes

let's not let humility prevent us from acting, because the course we are on is completely and utterly unsustainable.

I am still stunned that the President would ask us to spend $1 trillion.

I have now voted twice for the TARP money because I thought President Bush needed it and I thought President Obama needed it.

We have got a big problem, maybe $2 trillion or more with bad assets.