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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As the news this morning of increased joblessness and earlier reports of exploding deficit and debt reveal, the president's economic policy is a disaster. Obviously, the secretary of the treasury and Mr. Lindsey are being sacrificed to protect the president. Sadly, the removal of these economic officials will do nothing if they are simply replaced with yes-men committed to the president's relentlessly partisan agenda of pushing tax cuts at the expense of all else.
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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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No one should believe that this vote is about deficit reduction. By insisting on another $70 billion of tax cuts ... the deficit actually goes up.
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Social Security has not contributed to the deficit problem.
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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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The Congressional Budget Office tells us by 2052, Social Security could meet only 78 percent of its obligations. Medicare is in even worse shape. The shortfall in Medicare is eight times the deficit in Social Security. But the president has no plan to deal with that. The truth is, we need to confront all these challenges sooner rather than later.
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All of them are being threatened by this policy of ever escalating deficits and debt,
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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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The only thing wrong with that statement is, it's not true, ... Of course people's privacy would have been jeopardized under such a provision.
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There are large cooperatives all across this country. Land O'Lakes is a $12 billion club functioning all across America. There are rural electric co-ops in 47 states. Ace Hardware is a cooperative.
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While I agree that all emergency personnel should be highly trained, this is simply beyond the scope of what we can do in rural communities.
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You can imagine the pressure that's on him, the things that are being suggested to him.
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You don't just stick with the same old plan when something of this consequence occurs.
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When I went to Roosevelt grade school in Bismark, North Dakota, if you reduced spending by $39 and you reduced your income by $70, you were deeper in the hole, ... You've added to the deficit. You haven't reduced it.