Richard Durbin actually said...

If the government had to file its accounts under GAAP, current measures of both deficits and public debt would be far different.

Durbin suggests adopting GAAP for better fiscal accountability.

11/29/2011

More Richard Durbin Quotes

So it appears that some card networks in other countries have been more successful than the United States of America.

Chairman Durbin, Ranking Member Collins, and Members of the Subcommittee on Financial Services and General Government, thank you for invitin...

the complexity of categories, and the multiple fee levels within those categories, frequently serves to 'downgrade' transactions into higher...

I think it is a broken market, and that is clearly the problem here.