Kent Conrad actually said...

This credit crunch is real and it is having a ripple effect way beyond what we had seen in the 1982 downturn.

Conrad highlights the severity of the current credit crunch compared to past economic downturns.

01/07/2009

More Kent Conrad Quotes

We need to do this job cheaper, given the state of the budget.

The legacy of that bubble... is still with us because unless we defease or write off that debt... we are going to be stuck in a low-growth e...

I think all of us are concerned about the safety of local residents who use this highway.

The hearing will come to order. I want to welcome everyone this morning to this hearing of the Senate Budget Committee.