Kent Conrad: “Perhaps nothing reveals more clearly than this next slide where this is all leading. This chart shows--and this is not…”

“Perhaps nothing reveals more clearly than this next slide where this is all leading. This chart shows--and this is not my projection; this is not a Congressional Budget Office projection--this is the President's own projection of where his budget policies are taking it. This is from his budget, and the assumption is his tax policies and his spending policies are adopted. Look what it shows. These are record deficits, the biggest we have ever had. But they are dwarfed by what is to come, under the President's own analysis of where his policy is leading. This shows as the baby boomers retire and the full cost of the President's tax cuts are realized, the President's plan takes us right over the cliff into deficits that dwarf the ones we are having now, which are of record size. What could be more clear than we are on a course that is utterly unsustainable?”