Wednesday, March 30, 2011

Rubio: I Won't Vote to Raise Debt Ceiling

We seem to have a lot of Marco Rubio coverage on the site the last two days. The freshman Florida Senator has an op-ed in the Wall Street Journal saying that he will not vote to raise the debt ceiling. This is despite the prospect of a government shutdown.

Rubio's piece lays down his fiscal conservatism:

"Raising America's debt limit is a sign of leadership failure." So said then-Sen. Obama in 2006, when he voted against raising the debt ceiling by less than $800 billion to a new limit of $8.965 trillion. As America's debt now approaches its current $14.29 trillion limit, we are witnessing leadership failure of epic proportions.
I will vote to defeat an increase in the debt limit unless it is the last one we ever authorize and is accompanied by a plan for fundamental tax reform, an overhaul of our regulatory structure, a cut to discretionary spending, a balanced-budget amendment, and reforms to save Social Security, Medicare and Medicaid.


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