Ranking Member Press

06.27.01

Chairman Conrad Says New Economic Data Could Decrease Projected Budget Surplus

FOR IMMEDIATE RELEASE June 27, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE CHAIR SAYS NEW ECONOMIC DATA COULD DECREASE PROJECTED BUDGET SURPLUS Conrad: Bush Tax Cut Raises Likelihood of Medicare & Social Security Trust Fund RaidWashington, DC - Senate Budget Committee Chairman Kent Conrad today said economic performance from the first six months of the year could reduce the size of the nation's projected budget surplus. Conrad's remarks came as the Senate… Continue Reading


05.10.01

Conrad Introduces Bipartsan Legislation to Reform, Instead of Repeal, Estate Tax

FOR IMMEDIATE RELEASE May 10, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATOR CONRAD INTRODUCES BIPARTISAN LEGISLATION TO REFORM, INSTEAD OF REPEAL, ESTATE TAX Bill Would Exempt Virtually All Family Farms and Small Businesses From Estate TaxWashington, DC ' Senate Budget Committee Ranking Member Kent Conrad (D-ND) today introduced a bipartisan bill to reform, instead of repeal, the estate tax. Conrad's bill, co- sponsored by Senator Thad Cochran (R-MS), would exempt virtuall… Continue Reading


04.26.01

Senator Conrad Joins Farmers in Calling for Meaningful Estate Tax Reform

FOR IMMEDIATE RELEASE April 26, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642Senator Conrad Joins Farmers in Calling for Meaningful Estate Tax Reform Lawmaker Calls GOP Estate Tax Repeal Plan a 'snare and a delusion' which will increase taxes for farmersWashington, DC ' North Dakota Senator Kent Conrad, D-ND, today joined farmers from North Dakota and around the country in urging Congress to pass meaningful estate tax reform. Conrad stressed the importance of reform, noting that… Continue Reading


03.22.01

Bush Budget Underestimates Amount of Debt That Can Be Paid Down

FOR IMMEDIATE RELEASE March 22, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642BUSH BUDGET UNDERESTIMATES AMOUNT OF DEBT THAT CAN BE PAID DOWN Conrad Calls For More Aggressive Debt Reduction ProgramWashington, DC - Senator Kent Conrad, the senior Democrat on the Senate Budget Committee, today said the Bush Administration is underestimating the amount of debt that the government can pay down over the next 10 years. Conrad's remarks were made as the Senate Budget Committee held a he… Continue Reading


03.15.01

Conrad Urges Estate Tax Reform, Not Repeal

FOR IMMEDIATE RELEASE March 15, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642Conrad Urges Estate Tax Reform, Not Repeal North Dakota Lawmaker Wants Protections for Farmers & Small BusinessesWashington DC - North Dakota Senator Kent Conrad today called for estate tax reform so that the few estates that do have to pay the tax don’t have to sell the family farm or small business in order to meet their tax obligations. Conrad’s comments came during a Senate Finance subcommittee he… Continue Reading


03.14.01

Bush Budget Proposal for State Dept. Lacks Crucial Details

FOR IMMEDIATE RELEASE March 14, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642BUSH BUDGET PROPOSAL FOR STATE DEPARTMENT LACKS CRUCIAL DETAILS Administration Puts Off Requests For Additional Funds For International Affairs Budget In Order To Make Room For Bush Tax Cut NowWashington, DC - Senator Kent Conrad, the senior Democrat on the Senate Budget Committee, today faulted the Bush Administration for leaving crucial details out of its budget proposal for the State Department, incl… Continue Reading


03.13.01

Republicans Block Conrad's Social Security/Medicare

FOR IMMEDIATE RELEASE March 13, 2001 Contact: Stu Nagurka or Steve Posner (202) 224-0642 REPUBLICANS BLOCK CONRAD'S SOCIAL SECURITY/MEDICARE "LOCKBOX" AMENDMENT - Conrad Faults Republican Senators for Giving Bush Green Light to Raid the Social Security & Medicare Trust Fund Surpluses - Washington, DC - In a blow to efforts to protect the Social Security and Medicare trust fund surpluses from being raided, Republican Senators today blocked Senator Kent Conrad's "lockbox" amendment. Con… Continue Reading


03.07.01

Conrad Says Bush Tax Cut Freezes Out Needed Education Improvements

FOR IMMEDIATE RELEASE March 8, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE RANKING MEMBER SAYS BUSH TAX CUT FREEZES OUT NEEDED EDUCATION IMPROVEMENTS Conrad Applauds Bush For Strong Education Emphasis, But Questions Budgetary CommitmentWashington, DC - Senator Kent Conrad, the Ranking Member on the Senate Budget Committee, today applauded President Bush for putting a strong emphasis on the importance of education, but faulted the President’s budget for … Continue Reading


02.15.01

Conrad Calls for Protecting Medicare Trust Fund, Warns of Bush Intention to Raid Fund

FOR IMMEDIATE RELEASE February 15, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE RANKING MEMBER CALLS FOR PROTECTING MEDICARE TRUST FUND, WARNS OF BUSH INTENTION TO RAID FUND Conrad: Medicare Trust Fund Shouldn’t Be Used To Pay For Prescription Drug BenefitWashington, DC - Senator Kent Conrad, the Ranking Member on the Senate Budget Committee, today expressed concern that President Bush’s massive tax cut will force the Bush Administration to raid the Medic… Continue Reading


02.12.01

Bush Tax Cut Threatens Defense Budget

FOR IMMEDIATE RELEASE February 12, 2001Contact: Stu Nagurka Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE RANKING MEMBER SAYS BUSH TAX CUT THREATENS DEFENSE BUDGETWashington, DC - Senator Kent Conrad, the Ranking Member on the Senate Budget Committee, warned today that President Bush’s massive tax cut plan may emperil future defense budgets. Conrad’s remarks came in a Senate Budget Committee hearing that focused on the needs of the Pentagon in the coming years.“While projected surplu… Continue Reading


02.08.01

Bush's Tax Cut Would Be Unfair and Could Drive Us Back Into Deficits

FOR IMMEDIATE RELEASE February 8, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642CONRAD: BUSH’S TAX CUT WOULD BE UNFAIR AND COULD DRIVE US BACK INTO DEFICITS Senate Budget Committee Ranking Member Responds to Testimony on the Budget and Economic OutlookWashington - Senator Kent Conrad, the Ranking Member on the Senate Budget Committee, today responded to testimony on the budget and the nation’s economic outlook by calling again for taking a balanced approach in developing a tax an… Continue Reading


02.07.01

Conrad Calls for Protecting Medicare Trust Fund

FOR IMMEDIATE RELEASE February 7, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE RANKING MEMBER CALLS FOR PROTECTING MEDICARE TRUST FUND Conrad: Bush’s Tax Plan Is Too Big, Sets Us Up for Raid of Medicare Trust FundWashington - Senator Kent Conrad, the Ranking Member on the Senate Budget Committee, warned again that President Bush’s tax cut is too big and cautioned against the Bush Administration’s apparent willingness to raid the Medicare Trust Fund. Conrad… Continue Reading


02.06.01

GAO Warns of Long-Term Deficits, Cautions AgainstRelying on 10-year Projections

FOR IMMEDIATE RELEASE February 6, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642GAO WARNS SENATE BUDGET COMMITTEE OF LONG-TERM DEFICITS, CAUTIONS AGAINST RELYING ON 10-YEAR PROJECTIONS Senator Conrad Cites GAO Testimony in Calling Again For Fiscal DisciplineWashington - General Accounting Office (GAO) Comptroller General David Walker today warned the Senate Budget Committee that budget surplus projections are unreliable and that long-term budget deficits are looming due to the co… Continue Reading


01.31.01

Ranking Democrat Responds to Latest CBO Budget Projection

FOR IMMEDIATE RELEASE January 31, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE RANKING DEMOCRAT RESPONDS TO LATEST CBO BUDGET PROJECTION Senator Conrad Cautions Against Abandoning Fiscal DisciplineWashington - Senator Kent Conrad, the Ranking Democrat on the Senate Budget Committee, cautioned against abandoning fiscal discipline as the Congressional Budget Office (CBO) unveiled its latest budget surplus projection. CBO Deputy Director Barry Anderson testi… Continue Reading


01.30.01

Agricultural Needs Should Be Addressed in Upcoming Budget Debate says Conrad

FOR IMMEDIATE RELEASE January 30, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE RANKING DEMOCRAT SAYS AGRICULTURAL NEEDS SHOULD BE ADDRESSED IN UPCOMING BUDGET DEBATE Effect of High Energy Prices May Also Require Special AttentionWashington - Senator Kent Conrad, the ranking Democrat on the Senate Budget Committee, called on Congress to take into account the special needs of the worsening agricultural economy and the negative impact of high energy prices a… Continue Reading


01.25.01

Conrad Calls for Fiscal Discipline at Greenspan Hearing

FOR IMMEDIATE RELEASE January 25, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE RANKING DEMOCRAT CALLS FOR FISCAL DISCIPLINE Senator Conrad: Debt Reduction Must Remain Priority; Reasonable Tax Cut AppropriateWashington - Senator Kent Conrad, the Ranking Democrat on the Senate Budget Committee, called again for fiscal discipline as Congress begins to map out the nation’s future budget priorities. Speaking before a Senate Budget Committee hearing with Federal… Continue Reading

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