Kent Conrad actually said...

Spending as a share of our national income is the highest it has been in 60 years.

Kent Conrad discusses the high level of government spending relative to national income.

01/06/2011

More Kent Conrad Quotes

I do not see any way around, and the question is timing.

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

Just because you call something an investment does not make it so, certainly not a good investment.

We had to do more on the spending cuts side of the ledger, substantially more, but that we also had to do something on the revenue side if w...