FastSaying

Democratic amendments led to a package with a smaller tax cut, far more resources for paying down the debt and strengthening education, and for strengthening national defense.

Kent Conrad

Debt

Related Quotes

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.
— Kent Conrad
DebtNews
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,
— Kent Conrad
CompetitionDebtGovernment
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,
— Kent Conrad
BorrowingDebtSecurity
Governments can inflate their way out of debt, but that has consequences, doesn't it?
— Kent Conrad
ConsequencesDebtGovernments
She laughed, and who would have known,
— Kent Conrad
KnownLaughed