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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4 Days From Default
July 29, 2011

WASHINGTON, D.C.] - With four days left until the United States government reaches its debt limit, Senator Dick Durbin spoke on the floor of the United States Senate in support of taking a bipartisan and balanced approach to preventing the nation from defaulting on its debt.

Six Days to Debt Ceiling Default
July 27, 2011

[WASHINGTON, D.C.] - Six days from reaching the nation?s debt limit, Assistant Senate Majority Leader Dick Durbin (D-IL) today urged immediate action on the Senate?s balanced approach to solving the debt crisis, reducing the deficit and protecting the middle class. Durbin was joined by other Democratic leaders in calling for support of the Senate?s debt plan, which the Congressional Budget Office verifies will cut $1.3 trillion more than Speaker John Boehner?s plan.



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