On the recordJanuary 6, 2011
We are borrowing 40 cents of every dollar that we spend.
Source
congress.govWe are borrowing 40 cents of every dollar that we spend.
Kent Conrad highlights the significant borrowing in the federal budget.
Share
More from Kent Conrad
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.
We admire that, and I can say on both sides of the aisle, people recognize the job he did as Budget Committee Chairman.
All the talk in the world doesn't matter if you don't actually get something done in the real world.