"We've seen this script before," said Senate Budget Committee Chairman Kent Conrad (D-N.D.). "The President proposes more of the same failed fiscal policies he has embraced throughout his time in office -- more deficit-financed war spending, more deficit-financed tax cuts tilted to benefit the wealthiest, and more borrowing from foreign nations like China and Japan. The result can only be the same -- a further explosion of debt and the undermining of our nation's economic security."
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