Senate Budget Committee Chairman Kent Conrad (D-ND) issued the following statement on the Bowles/Simpson proposal:
We have now received a proposal from the bipartisan co-chairs of the President’s Fiscal Commission, Erskine Bowles and Alan Simpson. This is not the conclusion of the commission’s work. This is the beginning.
I commend them for putting together a serious proposal. It reveals just how difficult it is to put the nation on a sound fiscal course. Some of it I agree with; some I strongly disagree with. We will have a chance to offer alternatives as we advance the process later today and next week.
Our task ahead will be difficult, but we must continue to work toward reaching a bipartisan agreement.
