Political Quotes

On the recordDecember 14, 2011
I wanted to come to the floor to discuss the question of extending the payroll tax cut, dealing with unemployment insurance, dealing with compensation for doctors who treat Medicare patients, and also addressing the question of the alternative minimum tax and, of course, the other tax extenders as well. This is a key moment for the country. As I expressed earlier--as Senator Thune was addressing the body--I personally do not believe the Keystone Pipeline should hold us back. This is something upon which I think we could get broad agreement, especially if the language is as the Senator has represented and as Senator Hoeven has assured me--that it permits the State of Nebraska to reroute that line so that the Ogallala aquifer is not in danger. In my judgment, it is entirely in the national interest to get the Keystone Pipeline advanced. So that should not be the issue that hangs us up. As we look at things that are holding back the economy, unemployment remains far too high, the housing crisis continues, and we have weak consumer confidence and demand. That really is at the heart of our ongoing economic weakness. Personal debt is still near record levels. We have tightened borrowing standards for businesses and consumers. I hear very often that even good businesses with good track records at paying back loans can't secure the credit they need to expand. And we have State and local budget cutbacks that are continuing.…
Said by
Kent Conrad
Democratic · North Dakota

Share

More from Kent Conrad

Oct 18, 2023

Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…

congress.gov
Sep 6, 2016

We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.

congress.gov
Sep 6, 2016

We had literally hundreds of people and groups come before this commission. We listened intently for all sides on how we could fix these challenges.

congress.gov
Oct 18, 2023

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

congress.gov

Other voices in this conversation