North Dakota “Democratic” Senator Kent Conrad, 62, has announced he is not going to run for re election in 2012. He is the current majority Chairman of the Senate Budget Committee. He is also on Agriculture Nutrition Forestry, Finance, and Indian Affairs committees.
Conrad said he would serve out his term.
“Although I will not seek re-election, my work is not done,” Conrad said in his statement. “I will continue to do my level best for both North Dakota and the nation.”
He says he’s going to spend his remaining time and energy trying to reduce the national debt and dependence on foreign oil. And working on a Farm Bill. http://www.valleynewslive.com/…
Senator Kent Conrad’s legacy will include recommending former OMB head Peter Orszag for his White House position early in the Obama administration (Orszag sharing Conrad’s curious blind spot on what drives the deficit, see more of that here: https://docudharma.com/diar… ) , being a phony “deficit hawk,” who couldn’t see anything wrong with increased military budgets and decreasing domestic needs being met, and opposing the Public Option during the Health Care reform legislative battle. Voting for reducing the payroll tax that funds Social Security, and for continuing the Bush Tax Cuts for the wealthiest in Dec of 2010 during the Lame Duck Session. http://www.thestate.com/2010/1… Oh, and being part of that Democratic Senate Supermajority of 2009 That Didn’t Do Any Energy Policy, Global Climate Change, or Tax Code Changes. Other than a lot of stimulus money got earmarked for “research.”
Kent Conrad was also on the President Obama Deficit (“Catfood Commision”) Committee of 2010, which called for cuts in Medicare and Social Security.
“You know, a certain amount of this is shock therapy,” Conrad said. “There are different options and, of course, what everybody has fastened on is the most extreme of the options. But, look, the important thing for people to know is that we are borrowing 40 cents of every dollar we spend. That’s utterly unsustainable. It can’t continue much longer, so it’s got to be dealt with.”
“Fundamentally, if we’re going to raise revenue, I don’t think the way to do it is to raise rates. I think the way to do it is to eliminate some of the loopholes that exist in the system,” the senator said.
November 14, 2010. Kent Conrad in an interview with Christiane Amanpour on “This Week” about the Deficit Commission