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Article: SEN. CONRAD ADDRESSES PRESS CONFERENCE ON OMB MID-SESSION REVIEW

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US Fed News Service, Including US State News
Article date:
July 11, 2007
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The The Senate Budget Committee issued the text of the following remarks:

Transcript of Opening Remarks by Senator Kent Conrad (D-ND) at Press Conference on OMB Mid-Session Review:

As I look at this Mid-Session Review, it's more hide the ball from this administration; hide the debt; don't talk about the debt; shuffle off the debt; forget about the debt. But it is undeniable. What they are doing is running up the debt. That's the hard reality that we confront.

We have seen repeatedly that they overstate the February deficit estimate in order to claim improvement later in the year. It has been a very consistent practice. You can see they started doing this in 2004 and it has been a very ...

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