Kent Conrad: “Let me just say that the spending in this budget, as I have said over and over--and I will be happy to put up the chart…”

“Let me just say that the spending in this budget, as I have said over and over--and I will be happy to put up the chart again--spending as a share of gross domestic product goes down under this budget each and every year. It goes down from 20.5 percent of GDP to 18.9 percent of GDP. The Senator will recall it was on their watch that, not only did the spending go up dramatically, but the revenue stagnated. The result was to explode the debt of the country. That is the record of the other party. Unfortunately, it falls on our watch to begin to clean it up, and this budget does so.”