News on Kent Conrad

Reasons Behind the Market's Recent Revival

2010-11-02T13:34:03Z

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Pelosi: Tax cuts for affluent should go

2010-07-22T11:45:24Z

WASHINGTON (Reuters) - House of Representatives leader Nancy Pelosi on Thursday affirmed her support for letting lower tax rates for wealthier Americans expire at year-end, despite opposition by several Senate Democrats who say the economy is too fragile for higher taxes.

F...

Key Democrat backs extending tax cuts for rich

2010-07-21T11:30:30Z

WASHINGTON (Reuters) - Kent Conrad, a fiscally conservative Democrat who chairs the Senate's budget committee, on Wednesday said he backs extending all of the tax cuts that expire this year, including for the wealthy.

"The general rule of thumb would be you'd not want to do tax changes, tax increases for as long as until the recovery is on more solid ground," Conr...

Millions face tax increases under Dems budget plan

2010-06-26T03:39:37Z

Senate Democratic budget plan threatens millions with tax increases

President Barack Obama's Democratic allies in the Senate promise to cut the deficit by almost two-thirds over the next five years, but their budget plan could threaten about 30 million people with tax increases averaging $3,700 in 2012 and after because of the alternative minimum tax.

The alternative is tax increases elsewhere in the re...

Healthcare Tax: What's Going On Here?

2010-10-22T07:22:21Z

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Obama confronts Dem skepticism on economic plans

2010-04-16T16:05:14Z

Facing Democratic doubts, Obama says crisis cannot hold back health care, energy, education

Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery.

Challenged to provide encouragement as the nation's "confidence builder in c...

Obama: Economic crisis 'not as bad as we think'

2010-04-16T16:05:25Z

Challenged to provide encouragement as the nation's "confidence builder in chief," Obama said Americans shouldn't be whipsawed by bursts of either bad or good news and he was "highly optimisti...

Obama says long-term investments cannot wait

2010-04-16T16:05:45Z

Facing misgivings within his own party, President Barack Obama mounted a stout defense of the administration's economic blueprint Thursday, arguing that delay on health care, energy and education would make "recovery more fragile and our future less secure."

The president's far-reaching plans faced skepticism from both Democrats and Democrats join GOP in taking potshots at Obama's tax and spending proposals

The obstacles that President Barack Obama faces in pushing his ambitious tax and spending plan through Congress became clearer Tuesday as key Democrats took issue with major proposals, and some of their favorite economists said the president's jobs projections a...

Summary of breakout sessions during fiscal summit

2010-06-26T02:33:10Z

Summary of breakout sessions during fiscal summit

The fiscal responsibility summit President Barack Obama hosted at the White House on Monday included breakout discussions of key issues in five different areas. A summary of each of the 90-minute sessions:

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BUDGET REFORM

The discussion of reforming the budget process produced no...

Obama says he's confident over stimulus plan

2010-04-16T17:32:00Z

Obama says despite some objections, stimulus plan will get done

President-elect Barack Obama says that when it comes to his stimulus plan, he remains confident that "we're going to get it done" — despite objections from some Democratic senators over his tax proposals.

Obama says there will be a "whole host of good ideas" about how to help the economy, but that what's important is that the stimulus plan ...

Obama battles to push stimulus package

2010-10-27T14:16:05Z

US president-elect Barack Obama's team was working Friday to push forward giant stimulus measures to jolt the country out of recession after an unexpectedly rocky reception from his own party.

New signs emerged of the dire state of the global economy with South Korea's Ssangyong Motor applying for...

Obama facing stunning fiscal 'disaster' : top Senator

2010-12-14T07:36:42Z

Barack Obama is walking into a "fiscal disaster of stunning proportion" a top US Senator warned Thursday, bemoaning a massive forecast budget deficit of over one trillion dollars.

The warning by Senator Kent Conrad, chairman of the Senate Budget committee, underscored the grave economic and financial crisis facing president-elect Obama ahead of his inauguration on Januar...

Pelosi: Pass stimulus by mid-February

2010-06-26T01:21:26Z

Pelosi calls for passage of stimulus package by mid-February; warns of cost of inaction

House Speaker Nancy Pelosi pressed top congressional Democrats on Wednesday to pass a massive economic recovery bill by mid-February, a call tempered by new projections of unprecedented deficits ahead.

Pelosi emphasized the infrastructure and e...

Tax Cuts

2010-12-16T02:31:29Z

Sen. Kent Conrad, D-N.D., left, with Sen. Joe Manchin, D-W.V., and Sen. Jim Bunning, R-Ky., right, walk near the floor of the Senate during the votes on tax cuts legislation on Capitol Hill in Washington Wednesday, Dec. ...

Congress Tax Cuts

2010-12-13T14:32:21Z

Senate Budget Committee Chairman Sen. Kent Conrad, D-N.D., with his dog "Dakota," walks on Capitol Hill in Washington Monday, Dec. 13, 2010, during a procedural vote on the tax cut legislation. (AP Photo/Alex Brandon)

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Deficit Commission

2010-12-03T16:01:49Z

Commission on Fiscal Responsibility and Reform member, Senate Budget Committee Chairman Sen. Kent Conrad, D-N.D., makes remarks during the commission's meeting on Capitol Hill in Washington<...

Democrats in Charge Analysis

2010-06-06T08:45:14Z

FILE - In this Feb. 4, 2010, file photo Senate Budget Committee Chairman Sen. Kent Conrad, D-N.D., questions Treasury Secretary Timothy Geithner on President Barack Obama's fiscal 2011 federal budget during the during the committee's hearing on Capitol Hill. Congressio...

Bobby Cox Honored

2010-06-26T10:26:00Z

From left, Sen. Kent Conrad, D-N.D., Sen. Jim Bunning, R-Ky., Sen. Jay Rockefeller, D-W.Va, Atlanta Braves Manager Bobby Cox, Sen. Johnny Isakson, R-Ga., and Sen...