Solving the Debt Ceiling Crisis
July 19, 2011

[WASHINGTON, D.C.] - Moments before President Obama congratulated the Gang of Six for coming up with balanced framework to reduce the deficit over the long-term, U.S. Senator Dick Durbin (D-IL), a member of the President's bipartisan fiscal commission and the Gang of Six, spoke on the floor of the United States Senate about recent positive developments in the group's discussions, but stressed the urgency of extending the debt ceiling in the coming days. Durbin has been working for many months with five other Senators from both parties to develop a responsible plan for reducing our debts in the future while promoting desperately needed job creation now. He is also the only member of Congress from Illinois that has been involved in the White House debt negotiation meetings at the over the past few weeks.