Debt Crisis Could Lead To Decline Of U.S. Power Says Senate Democrat

Sen. Kent Conrad (D-N.D.) says on Wednesday that the U.S. must balance the federal budget to prevent a weakening of American power. (0:16)
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There is no funding for auto-makers.

Coffee Brown, University of New Mexico, Talk Radio News


Chairman of the Senate Committee on the Budget Kent Conrad (D-N.D.) says any further funds for auto-makers would require an emergency funding process.
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The similarities are greater than the differences.

Coffee Brown, University of New Mexico, Talk Radio News


Chairman of the Senate Committee on the Budget Kent Conrad (D-N.D.) compares the congressional and presidential budget.

01:27
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No place to reform reform.

Coffee Brown, University of New Mexico, Talk Radio News


Chairman of the Senate Committee on the Budget Kent Conrad (D-N.D.) satys the reconciliation process is no place to negotiate major reforms.

00:42
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Discipline and flexibility

Coffee Brown, University of New Mexico, Talk Radio News


Chairman of the Senate Committee on the Budget Kent Conrad (D-N.D.) explains that residual funds provide both discipline and flexibility.

00:31

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Sen. Conrad says “Gang of 10” making a dramatic statement

Senate Budget Chairman Kent Conrad (D-N.D.) talks about the New Era Bill that has been created by the “Gang of 10” in an effort to reduce gas prices, lessen the nation’s dependence on foreign oil, and strengthen America’s economy. Conrad says that the group has 84 billion dollars ready to move the nation from a dependency on oil to alternatives. He says that the bill has a goal of having 85 percent of America’s cars and trucks transitioned to alternative fuels - a dramatic statement according to Conrad. (1:18)
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