Senator Durbin: President Obama Is On The Right Financial Track

By WEEK Producer

February 14, 2011 Updated Oct 26, 2013 at 4:14 AM CDT

While Republicans are ridiculing President's Obama 20-12 budget plan as timid.

Illinois Senator Dick Durbin calls it "fiscally responsible and critical for America's economic growth".

He says the President's proposal to invest in programs that build, educate, and innovate is a critical step in the right direction.

Durbin adds that republicans are calling for too much cutting too soon in a time of fiscal challenge.

"[President Obama] presented it a time when he faces two very significant challenges: How to create more jobs and less debt. It is a tough balancing act. Because we know to reduce debt, we need to reduce spending. And what the President reminds us is - let's not cut spending in areas that are critical to the growth of our economy and the creation of good paying jobs in America," Senator Dick Durbin.

As a member of the President's bi-partisan fiscal commission, Senator Durbin says he will work with both sides of the aisle to reduce Government debt in the long term and get Americans back to work in the short term.

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