Durbin Votes For Bipartisan Debt Ceiling Agreement To Avoid First Ever Default On Our Nation's Debt
Issues: Monetary Policy Economy and Fiscal
"Thankfully, Congress has once again performed its constitutional duty and prevented a first-ever default on our national debt. Defaulting on our national debt is unacceptable and unthinkable. This agreement represents a true compromise--neither side got everything they wanted. So as painful as some of the decisions are that may come from this agreement--including the cut to medical research funding--they are inevitable to avoid a catastrophic default on our debt."
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