Political Quotes

On the recordJanuary 27, 2010
If you take on too much debt, it affects the rate of economic growth in a country adversely.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Kent Conrad discusses the negative impact of excessive debt on economic growth.

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More from Kent Conrad

Apr 4, 2017

We tried to include some of these ideas in our Social Security reform package, to actually provide incentives in the system for people to continue to work.

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Apr 4, 2017

We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.

congress.gov
Sep 6, 2016

There is going to be a 23-percent cut across the board by 2034.

congress.gov
Apr 4, 2017

What is realistic is to deal with these changes in a way that does expand access, that does expand the opportunity for people to participate in a retirement plan at work.

congress.gov

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