Political Quotes

On the recordJuly 29, 2011
Mr. President, I wish to thank my colleague from Ohio for talking about this issue because it is on the minds of everyone here on Capitol Hill and across the Nation. We are getting a lot of e-mails and phone calls and letters, and it is understandable because this is the first time in our Nation's history that we face default on our national debt. I received a letter from Amy in Germantown, IL, downstate. We have a lot of German families in our State, and we have a town named ``Germantown.'' Amy contacted me and said: Please do your utmost to compromise on a budget solution before the deadline expires. Our family has already weathered multiple economic downturns due to the dot-com bubble burst, 9/11, and most recently the sub-prime mortgage crisis. We are responsible with our income, saving for our children's education and our retirement. However, we are extremely nervous about our savings and investments once again. If the United States of America defaults on its loan obligations, it is likely we will see a significant reduction in the value of our 401K and 403B investments, as well as the investments we have made for our children and grandchild's education. . . . I cannot stand by another day and listen to all the elected officials in Washington talk about their convictions. Please remember your constituents and their situations.…
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Dick Durbin
Democratic · Illinois

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