Kent Conrad actually said...

The combination of the retiring baby-boom generation, rising health care costs, and inadequate revenues are projected to explode Federal debt.

Kent Conrad warns about the factors leading to unsustainable federal debt levels.

01/20/2009

More Kent Conrad Quotes

The plain fact is the budget doubles our gross national debt, never once produces an annual deficit of less than $600 billion in its 10 year...

That is a formula for failure.

All of us--all of us--have to be in on the solution.

I think it has been inappropriate for the administration to raise the specter of a default on our debt.