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Reducing the Deficit

AGENDA: Deficit Commission

America now owes over $14 trillion to our creditors. This is simply unsustainable.

 

Last year I served on President Obama’s Fiscal Commission, which was charged with creating a long term plan to reduce our debt. When the final recommendations were put to a vote, I voted Yes.

 

It was not an easy decision, and I knew then that my vote will be widely criticized by some, but I believed then that it was the right thing to do. I still do.

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Sequestration
March 1, 2013

U.S. Senator Dick Durbin (D-IL) addressed the potentially devastating impact of budget sequestration on Illinois' leading research universities and hospitals at a news conference in Chicago on Friday, March 1. Durbin called for action in the days and weeks ahead to quickly pass a balanced, bipartisan alternative to the sequester that reduces our deficit and protects American's leading role in bio-medical research.

Durbin Announces USPS Agreement to Delay Illinois Postal Facility Closures for 5 Months
December 13, 2011

[WASHINGTON, D.C.] - U.S. Senator Dick Durbin (D-IL) today announced that the U.S. Postal Service has voluntarily agreed to put in place a five-month moratorium on closing postal facilities, which would give Congress more time to enact postal reform legislation. During that period, the Postal Service will continue to study the impact of proposed closures on service and costs and to solicit community input. The moratorium is scheduled to end on May 15, 2012.



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Secretary of the Army John McHugh and Chief of Staff of the Army General Raymond Odierno
Secretary of the Army John McHugh and Chief of Staff of the Army General Raymond Odierno
May 21, 2013

Penny Pritzker
Penny Pritzker
May 14, 2013


Sequestration and Bio-Medical Research
March 1, 2013


Related News and Updates

Date Title
1/25/13 Durbin to Chair Defense Appropriations Subcommittee
1/10/12 Durbin: Amazon Agreement with Indiana Paves Way for Bipartisan Bill to Level the Playing Field for Main Street Retailers
12/13/11 Senators Announce U.S. Postal Service Agreement to Delay Postal Facility Closures for Five Months
12/13/11 Durbin Announced U.S. Postal Service Agreement to Delay Illinois Postal Facility Closures for Five Months
11/30/11 Durbin Chairs Hearing on Balanced Budget Amendment
11/9/11 Durbin and Senators Introduce Bipartisan Bill to Level the Playing Field for Illinois Retailers
10/27/11 Durbin still hopeful on deficit package
8/12/11 Durbin in Paris to show that "gov't. works"
8/11/11 Durbin: Getting US economy back in order needs bipartisanship
8/6/11 Durbin Statement on S&P Downgrade of US Credit Rating
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