Political Quotes

Kent Conrad: “We need about an $8 billion infusion to make it through the rest of the year.”

On the recordJuly 1, 2009
We need about an $8 billion infusion to make it through the rest of the year.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Kent Conrad emphasizes the need for significant funding to sustain the Trust Fund.

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The one thing I know for sure is that what is happening now is not working.

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I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.

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I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.

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