The economic meltdown of 2008 began with abuses in the housing market and evolved into a Wall Street implosion, producing the worst economic downturn since the Great Depression. Since then, families across Illinois have struggled to make ends meet while facing the loss of their jobs, their homes, and their savings. Economists tell us that the recession is officially over, but it doesn’t feel like it for the millions of Americans looking for work.
Congress has taken several steps to jump start the economy since the fall of 2008, including passing the Recovery Act in the spring of 2009 and the agreement in late 2010 to provide tax cuts and unemployment insurance to millions of Americans. The economy is now growing, but too slowly.
Government can’t directly create all the jobs that America needs, nor should it.
But the federal government plays an important role. We invest in areas that promote long-term economic growth, where private markets won’t make the investments we need.
|5/15/13||Durbin, Kirk Announce Senate Approval of Their Legislation to Promote Public-Private Partnerships to Repair Locks and Dams|
|5/15/13||Durbin Announces Senate Approval of His Legislation to Improve Mississippi River Management and Extreme Weather Response|
|5/10/13||Durbin Announces Illinois Control Towers Previously Slated for Closure Will Remain Open|
|5/9/13||Durbin, Kirk, Delegation Call on President to Provide Federal Relief for Flood Impacted Illinois Counties|
|5/8/13||While Chairing a Hearing on the Air Force's Budget, Durbin Highlights Importance of Scott AFB|
|5/7/13||Durbin Meets with Champaign County Officials to Discuss Local Priorities|
|5/2/13||Durbin Statement on President Obama's Nomination of Penny Pritzker as Commerce Secretary|
|4/11/13||Durbin, Boozman, and Coons Introduce Bill to Increase U.S. Exports to Africa|
|3/22/13||Durbin Statement on FAA Announcement of Illinois Air Control Tower Closings Decision|
|3/22/13||Durbin: Marketplace Fairness Act Receives Overwhelming Bipartisan Support in Senate Vote|