Kent Conrad actually said...

Deficits and debt are a function of the imbalance between spending and revenue.

Kent Conrad emphasizes the need to address both spending and revenue to manage deficits.

01/07/2009

More Kent Conrad Quotes

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.

Wouldn't it be better to cut that so-called stimulus bill in half?