Durbin: Gang of Six plan warmly received by many senators

Durbin explained that he did not mean that all 49 senators who attended the meeting approved of the plan, but that "many" felt positive about the gang's direction. 

"I cannot suggest they all signed up," said Durbin. "I would never expect that to happen, but it is significant that at this moment in our history so many felt positive towards what we are doing."

The plan that emerged from the Senate Gang of Six on Tuesday morning would reduce the deficit by $3.7 trillion over the next 10 years and increase tax revenues by $1 trillion by closing a variety of special tax breaks and havens.

The plan was negotiated by Sens. Kent Conrad (D-N.D.), Mark Warner (D-Va.), Mike Crapo (R-Idaho), Saxby Chambliss (R-Ga.) and Durbin. Sen. Tom Coburn (R-Okla.), who abandoned the talks in May, also endorsed the plan on Tuesday morning. 

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