Political Quotes

Dick Durbin: “Our economy, I am afraid, will not make a full recovery until we address the $700 billion worth of underwater mortgages…”

On the recordMarch 27, 2012
Our economy, I am afraid, will not make a full recovery until we address the $700 billion worth of underwater mortgages held by more than 11 million homeowners.
Said by
Dick Durbin
Democratic · Illinois

Editor's note · Context

Durbin emphasizes the need to address underwater mortgages for economic recovery.

Share

More from Dick Durbin

Oct 9, 2026

We ask that you immediately provide all committee records that you have withheld, commit to fully complying with Senate Rules XXVI and XXVII going forward, and apologize to Mr. Smith on behalf of the Committee.

durbin.senate.gov
Oct 13, 2026

The lack of community involvement and speed with which this project has moved forward raises questions about the role of private interests.

duckworth.senate.gov
Oct 14, 2026

Transferring immigrants to Guantánamo Bay is simply unlawful, and worse yet, inhumane.

durbin.senate.gov
Oct 13, 2026

To leave here without this being a law finalized to protect these young people … is painful, really painful. I don’t want them to feel like I’m abandoning them.

rollcall.com

Other voices in this conversation