I must say I am very concerned about the concept and the possibility that the courts would wind up in a role of being the final arbiter here. And I understand what the intentions of those who are carrying this amendment are. I also, after…
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.
The estimate given for last year by the Treasury Department, for every 1-percent drop in interest rates that provided a $118 billion lift to the economy by reductions in consumer debt, corporate debt, Government debt. And that in fact that…
In fact, we might have a whole budget section over at the Supreme Court. You might see an exodus of the budget experts on Capitol Hill. We would be in a contest with our courts now to have their own budget experts. If I can make one…
The great concern I have--and the Senator from Illinois has been a great ally on the Senate Budget Committee. We have been two who have tried to push for reduced deficits in the period that we have served on that committee together. I just…
I am personally persuaded that one of the most important things we can do is reduce this budget deficit, reduce pressure on interest rates in order to support economic growth in this country to restore our position as international…
Can I ask, is there any way, in the Senator's judgment, that using estimates, which I think at least some of us see as the Achille's heel of what is before us because of our experience, bitter experience, with Gramm-Rudman which held out…
I think last year's budget deal, in which we did make a significant reduction in the deficit, has proven the theory; that is, we have seen now the lowest interest rates in 20 years, we have seen the strongest economic growth in 6 years, we…
Is it the case in the legal matter that involved the State of Missouri that the Federal courts ordered tax increases for the purposes of schools?
Might I just pursue this a bit further and ask the Senator if, in fact, this would not appear to be ripe for further court intervention? That is, what is reasonable? What is in good faith? What represents very small, or negligible…
Good old ``Rosie Scenario,'' in which every year we were presented with estimates that simply overestimated revenue, underestimated expenditures. And for the purposes of meeting the requirements of the legislation, once we had passed…
If I might go to the second question, because section 6 also is a great concern to this Senator. It is a concern to me because the language says, ``the Congress shall enforce and implement this article by appropriate legislation, which may…
I read, by the way, the letter you sent around from him. I thought it was an instructive letter. But your intention is to oppose it?





