Marco Rubio Debt Crisis Hypocrisy
YouTube: Rubio Schools John Kerry
Senator Marco Rubio (R-FL) Saturday again spoke on the Senate floor. Rubio didn't disappoint. He captured the frustration of freshman Republicans, hypocrisy of current political rhetoric, and inability of opposing sides to form real solutions. “If my house was on fire, I can’t compromise about which part of the house I am going to save. You save the whole house, or it will all burn down.”
I also have only been here for seven months, which means I haven‘t been here long enough to think any of the stuff that’s going on is normal. And I certainly don’t think any of the stuff that goes on around here too often is normal. So I think the fact that I’ve been here seven months has served me well in that regard.
.....And here’s the way I would describe it the United States of America more or less — these are rough numbers but they’re accurate – spends about $300 billion a month. It has $180 billion a month that comes to the federal government through taxes and other sources of revenue and that means that in order to meet its bills at the end of every month it needs to borrow $120 billion.
.....And so that’s why, for years, where the debt limit was routine vote, it no longer can be. It’s not something that was made up in some conservative think tank. But the reality that we cannot continue to borrow 40% to 41% of every penny that the government spends has brought us to this point.
YouTube Rubio speaking and schooling John Kerry:
Senator John Kerry (D-MA): “I thank the Senator for doing that. That’s become somewhat unusual in the Senate today. So I truly appreciate it.
I would ask the Senator, as ironic as it may be that on occasion people in the past have indeed voted against a debt limit — both Republicans and Democrats alike — is it not true that in those situations those votes did not hold the nation hostage, did not come at a moment of enormous economic fragility as we are in today, and did not run the risk of default because it was going to pass overwhelmingly every time?
Is that not true?”
Rubio: “To the Senator from Massachusetts, I would say two things.
The first is that those votes — put it to you this way. If the Senator from Illinois at the time, Senator Obama, had had his way, we’d be in the same position we are in now. Because he had voted against the debt – and I recognize the President has now said that the debt limit is — he made a mistake and he wouldn’t have said that were he here today.
My point, I would say to the Senator from Massachusetts, is that rhetoric two years ago was not considered extremist language and now that rhetoric, which by the way I have not found. I think it is a myth. There may be a handful of people in the building both in the House and Senate perhaps that believe that the nation doesn’t have to raise the debt limit. But by and large everyone recognizes that something must be done about the debt limit.
What we have also said – I speak for myself. Let me not speak for any other member of this chamber or the next.
To read the full text of Senator Rubio’s speech click here.
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