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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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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.

"Go Big" on Deficit Reduction
November 16, 2011

[WASHINGTON, DC] - Durbin, joined by a bipartisan group of Members of Congress, encouraged the Joint Committee on the Deficit Reduction to "go big" and try to find as much savings as possible. The committee is tasked with finding more than $1 trillion to cut from our nation's deficit.



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CEO AARP A. Barry Rand
AARP CEO A. Barry Rand
February 29, 2012

PHOTO: 11.12.14 National Commission on Fiscal Responsibility and Reform Co-Chair Erskine Bowles
National Commission on Fiscal Responsibility and Reform Co-Chair Erskine Bowles
December 14, 2011

PHOTO: 11.12.13 Postal Service Closure Moratorium
Protecting Illinois Postal Service Jobs and Facilities
December 13, 2011


Related News and Updates

Date Title
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
8/2/11 Durbin: Even Though Debt Ceiling Compromise is Not Perfect, I Cannot Let the American Economy Descend Into Chaos
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