Durbin: Optimistic on Deficit Plan

Senate Majority Whip Dick Durbin is positive about the possibility Senate leaders will be able to work out a compromise plan to avert an economic default ahead of the Aug. 2 deadline, Politico reports.

"The good news is that Majority Leader Harry Reid and Minority Leader Mitch McConnell are sitting down and working out an approach that we're going to try to tackle this week in the United States Senate," the Illinois Democrat said on CBS's "Face the Nation."

Once senators "check the boxes" and reject the conservatives' constitutional amendment to balance the budget, Durbin said, "we basically have to accept this responsibility and do this job and lead.”