Chairman's Press
Committee Rejects Suspension of Budget Enforcement Mechanisms
FOR IMMEDIATE RELEASE November 8, 2001 Contact: Stu Nagurka (202) 224-7436 Steve Posner (202) 224-7925 SENATE BUDGET COMMITTEE REJECTS SUSPENSION OF BUDGET ENFORCEMENT MECHANISMS Conrad Urges Senate to Defeat Fiscally Irresponsible Measure Washington, DC - The Senate Budget Committee has rejected the suspension of budget enforcement mechanisms for the next two years. As required by the Balanced Budget Act, the Committee has sent a joint resolution to the Senate floor, but the Committee, vo… Continue Reading
10.25.01
Conrad Warns Against Abandoning Long-term Discipline as Stimulus Considered
FOR IMMEDIATE RELEASE October 25, 2001 Contact: Stu Nagurka (202) 224-7436 Steve Posner (202) 224-7925 SENATE BUDGET COMMITTEE CHAIRMAN CONRAD WARNS AGAINST ABANDONING LONG-TERM FISCAL DISCIPLINE AS CONGRESS CONSIDERS STIMULUS BILL Washington, DC - Senate Budget Committee Chairman Kent Conrad today stressed the importance of maintaining long-term fiscal discipline as Congress considers legislation to stimulate the economy. Conrad's remarks came as the Budget Committee heard testimony at a … Continue Reading
10.02.01
Conrad Calls for Short-term Stimulus to be Coupled with Long-term Discipline
FOR IMMEDIATE RELEASE October 2, 2001 Contact: Stu Nagurka (202) 224-7436 Steve Posner (202) 224-7925 SENATE BUDGET COMMITTEE CHAIRMAN CONRAD CALLS FOR SHORT-TERM STIMULUS PLAN TO BE COUPLED WITH LONG-TERM FISCAL DISCIPLINE Washington, DC - Senate Budget Committee Chairman Kent Conrad today said that any short-term stimulus plan must be matched with long-term budgetary restraint. Conrad?s remarks came as the Budget Committee heard testimony on the nation?s economic outlook from Glenn Hubb… Continue Reading
09.06.01
Conrad Calls on Bush for Plan to Protect Soc. Sec. & Medicare Trust Funds
FOR IMMEDIATE RELEASE September 6, 2001 Contact: Stu Nagurka (202) 224-7436 Steve Posner (202) 224-7925 SENATE BUDGET COMMITTEE CHAIRMAN CALLS ON BUSH ADMINISTRATION TO PROVIDE PLAN TO PROTECT SOCIAL SECURITY AND MEDICARE TRUST FUNDS Conrad: Bush Budget Wipes Out Surplus; Threatens Trust Funds Washington, DC - Senate Budget Committee Chairman Kent Conrad (D-ND) today called on the Bush Administration to provide a plan to protect the Social Security and Medicare trust funds. Conrad's reque… Continue Reading
09.04.01
Conrad Warns of Long-term Damage from President Bush's Budget and Tax Plan
FOR IMMEDIATE RELEASE September 4, 2001 Contact: Stu Nagurka or Steve Posner (202) 224-0642 SENATE BUDGET COMMITTEE CHAIRMAN WARNS OF LONG-TERM DAMAGE FROM PRESIDENT BUSH'S BUDGET AND TAX PLAN Conrad: CBO August Update Confirms Bush Plan Never Added Up Washington, DC - One week after the Congressional Budget Office (CBO) issued its report about the vanishing budget surplus and just hours after members of Congress returned from their August recess, Senate Budget Committee Chairman Kent Conr… Continue Reading
08.02.01
Chairman Conrad Says Social Security Reform Endangered by Bush Tax Cut
FOR IMMEDIATE RELEASE August 2, 2001Contact: Stu Nagurka (202) 224-7436 Steve Posner (202) 224-7925SENATE BUDGET COMMITTEE CHAIRMAN SAYS SOCIAL SECURITY REFORM ENDANGERED BY BUSH TAX CUT Conrad: Resources Needed for Reform No Longer Available; Trust Fund Surpluses at RiskWashington, DC - Senate Budget Committee Chairman Kent Conrad today said that the Bush tax cut has endangered the prospects for Social Security reform by wiping out resources that should have been used to fund transition c… Continue Reading
07.18.01
Conrad Calls on Administration To Explain How It Plans to Pay for Defense Increase
FOR IMMEDIATE RELEASE July 18, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642CONRAD CALLS ON BUSH ADMINISTRATION TO EXPLAIN HOW IT PLANS TO PAY FOR DEFENSE INCREASE WITHOUT USING MEDICARE AND SOCIAL SECURITY TRUST FUNDSWashington, DC - Senate Budget Committee Chairman Kent Conrad today called on the Bush Administration to explain how it plans to pay for its requested increase in defense spending without using the Medicare and Social Security Trust Funds. Conrad's remarks came as t… Continue Reading
07.12.01
Conrad Seeks Admin.'s Plan to Avoid Raiding Medicare & Soc. Security Trust Funds
FOR IMMEDIATE RELEASE July 12, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE CHAIR SEEKS ADMINISTRATION'S PLAN TO AVOID RAIDING THE MEDICARE AND SOCIAL SECURITY TRUST FUNDS Conrad: Bush Tax Cut & Economic Downturn Causing RaidWashington, DC - Senate Budget Committee Chairman Kent Conrad today invited the Bush Administration to present its plan on how it intends to avoid raiding the Medicare and Social Security Trust Funds next year and the years beyond. Co… Continue Reading
06.28.01
Shrinking Budget Surplus Threatens Medicare & Social Security Trust Funds
FOR IMMEDIATE RELEASE June 28, 2001Contact: Stu Nagurka or Steve Posner (202) 224-0642SENATE BUDGET COMMITTEE CHAIR SAYS SHRINKING BUDGET SURPLUS THREATENS MEDICARE AND SOCIAL SECURITY TRUST FUNDS Conrad: Bush Tax Cut Jeopardizing Defense Needs & Other PrioritiesWashington, DC - Senate Budget Committee Chairman Kent Conrad today said that the Bush tax cut is eating up so much of the projected budget surplus that it will likely force considerable raids on the Medicare and Social Security Tr… Continue Reading
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
