Kent Conrad
Kent Conrad
Gaylord Kent Conradis a former United States Senator from North Dakota. He is a member of the North Dakota Democratic-NPL Party, the North Dakota affiliate of the Democratic Party. First elected to the Senate in 1986, he served as chairman or Ranking Member of the Senate Budget Committee for twelve years...
NationalityAmerican
ProfessionPolitician
Date of Birth12 March 1948
CountryUnited States of America
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When you put those together, what you find is that the invasion of the trust funds is far more serious than has been reported so far, far more serious,
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When you're borrowing 40 cents of every dollar that you spend, that can't continue much longer. I think everybody really does understand that, and it's going to require all of us - those who are the most fortunate among us - but it's really going to require every American to contribute to a solution.
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We have just had a massive disaster, ... This is not a time to be cutting services to the most needy among us.
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These growing deficits and debt threaten our nation's long-term economic security. As deficits climb, we are borrowing more and more money from Japan, China, and even South Korea. That makes us weaker,
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She starts off in a positive position with me because of these conversations we have had, ... She is a lovely person. Some people you encounter in life and you like them.
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There needs to be recognition by the administration that his budget is not going to get through the Senate because his priorities are not the priorities of the country.
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In six short months, this administration, after advocating a tax cut that was too large and after putting belief in a 10-year estimate of revenue, have put us in the bad old days of raiding every trust fund in sight,
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If people saw how big the deficit really is, they'd feel more of a need to do something about it.
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If you are not able to pay down the debt, that means that the federal government is in competition with private-sector borrowers for money, driving up the costs of interest rates and that's a hidden tax on every American family -- higher mortgage payments, higher car payments, higher college loan payments,
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While this year's deficit will be lower than last year's record shortfall, the improvement is likely to be short-lived. Declarations of victory over budget deficits only distract from the disturbing long-term budget outlook,
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The American people say, 'Don't touch Social Security, don't touch Medicare, don't cut defense.' That's 84 percent of the federal budget.
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One reason the Founding Fathers thought that states should have two senators was so that smaller states wouldn't get run over and could bring their interests to the attention of the Senate more broadly.
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Social Security has not contributed to the deficit problem.