Jul 31, 2011
If the Senator would yield for a question. Mr. McCAIN. I would be glad to just hear the Senator's comment.
Richard Durbin
The Public Record
Richard Durbin, commonly known as Dick Durbin, is an American politician serving as the senior United States senator from Illinois since 2005. A member of the Democratic Party, he has held various leadership roles, including Senate Majority Whip. Durbin has been a prominent advocate for issues such as healthcare reform, immigration policy, and gun control. He has also played a significant role in negotiations on budget and appropriations matters in the Senate.
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Jul 31, 2011
I would like to respond to my colleague from Arizona, through the Chair. Does he recall what happened with the Reagan tax cuts? Because what happened was we tripled the national debt during that period of time, and President Reagan came to…
Jul 31, 2011
The second point I would like to ask the Senator from Arizona, I think one of the real bedrock beliefs among Republicans is that if we cut taxes, particularly on the wealthiest people in America, the economy will prosper. We hear that over…
Jul 31, 2011
First, during the course of the Senator's Presidential campaign, Mark Zandi, his economist, helped him formulate some positions. His opinion of President Obama's stimulus is, it stopped a precipitous decline in our economy. Did it achieve…
Jul 31, 2011
First, I wish to thank my colleague from Arizona. For those who are witnessing this, this is almost a debate in the Senate. It rarely happens. I thank the Senator for coming to the floor. Mr. McCAIN. May I say that rather than having the…
Jul 31, 2011
I wish to make sure we have some stimulus to the economy to create jobs and help those out of work find work with training and education. Mr. McCAIN. So one would have to assume that the Senator from Illinois believes the last stimulus…
Jul 31, 2011
I honestly am not party to this. But I can tell the Senator, as the Gang of 6 and fiscal commission, we believe everything should be under consideration to reduce our national debt. Mr. McCAIN. So I assume that would also mean the Senator…
Jul 31, 2011
I hope so. Mr. McCAIN. Does the Senator from Illinois agree that, most likely, that agreement will not have an increase in taxes associated with it, at least in the short term?
Jul 31, 2011
Well, of course, it is. I think what is most discouraging is the average person is asking themselves: Why do we inflict this pain on ourselves in the midst of a recession? Why do we have the fear of defaulting on America's debt for the…
Jul 31, 2011
I would answer my colleague that there has never been an instance, since 1939, in the 89 times we have extended the debt ceiling--except for one technical period in 1979 for a few days--when we have used the debt ceiling as a political…
Jul 31, 2011
Let me complete one thought. Then I will be happy to yield. Secondly, the President has put in a payroll tax cut. What that means is, working families will get about 2 percent more each pay period. The belief of the President--and I share…
Jul 31, 2011
Mr. President, I thank the Senator from Connecticut for his comments and for his focus on jobs. If we ask the American people what the most important thing we face is, it is jobs, creating good- paying jobs right here in the United States…
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