Kent Conrad actually said...

The problem that we run into in a budget context is those bonds that Social Security holds that are real assets.

Conrad discusses the implications of Social Security bonds on the federal budget.

01/06/2011

More Kent Conrad Quotes

If we continue down this path of spending and borrowing recklessly, we will leave America weakened and diminished.

We need honest budgeting. We have got to have that, facts-based budgeting, not fantasy budgeting.

The President has yet to look the American people in the eye and explain the basic fact that we have run out of money.

We have got to get off the road of spending and borrowing and get on the road to a lean and productive Government.