Political Quotes

Kent Conrad: “This is a budget that is going to explode the deficits and debt of the United States at a time of already record…”

On the recordApril 11, 2003
This is a budget that is going to explode the deficits and debt of the United States at a time of already record deficits. It takes $1.3 trillion away in revenue and increases expenditures by $1.1 trillion. There can only be one result, and that is more red ink, more deficits, more debt, and a threatening of the economic security of the Nation.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Discussing concerns about the federal budget and its impact on deficits and debt.

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