Political Quotes

Dick Durbin: “If we default on our national debt, it's going to cost our economy dearly. We're going to find businesses unable to…”

On the recordApril 22, 2023
If we default on our national debt, it's going to cost our economy dearly. We're going to find businesses unable to proceed and people losing their jobs right and left. That is a terrible outcome. So let's do the responsible thing and not default, move forward on the debt ceiling.
Said by
Dick Durbin
Democratic · Illinois

Editor's note · Context

Durbin emphasizes the importance of avoiding default on the national debt and the economic consequences of doing so.

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