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,
More Quotes from Kent Conrad:
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
You don't need some whole new unfettered access to individual tax returns of people or of companies in order to figure out how the IRS is spending its money,
Kent Conrad
It is unacceptable to give this industry special protection -- protection that has never been granted any other industry in our history.
Kent Conrad
Those are the very things I've urged the administration to do for some time.
Kent Conrad
We have just had a massive disaster, ... This is not a time to be cutting services to the most needy among us.
Kent Conrad
He has the right kind of demeanor to be a judge. He listens to others and is not dogmatic,
Kent Conrad
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