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 years.
Kent Conrad
The Public Record
Kent Conrad is a former United States Senator from North Dakota, serving from 1993 to 2013. A member of the Democratic Party, he was known for his work on fiscal policy and budget issues, particularly as the Chairman of the Senate Budget Committee. Throughout his tenure, Conrad advocated for responsible budgeting and was involved in discussions surrounding Social Security and healthcare reform. He played a significant role in shaping policies that impacted both North Dakota and the nation as a whole.
We have a town that is about to be flooded on the west end of the lake, the little town of Minnewaukan.
My own belief is that we need to put in place a plan this year to get our fiscal house back in order.
The Obama administration has failed miserably in that regard. It has focused on consumption and fiscal stimulation that will give us 4-percent growth in 2011.
I agree with the Chairman that our current deficits are not sustainable, and they are huge national security issue that needs to be dealt with on a bipartisan basis by having a credible plan to deal with the deficit.
When we talk about there being $78 billion in savings here on a net basis, you know, it is from an inflated baseline.
I do believe we can move toward more of a consumption base by moving toward what you might call the traditional flat tax.





