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Senator Rubio Signs The Cut-Cap-Balance Pledge

Jun 22, 2011 | Comunicados de Prensa

Washington, D.C. – Today, U.S. Senator Marco Rubio
announced his support of the Cut-Cap-Balance
pledge
, which asks Senators and members of Congress to pledge to make
substantial cuts in spending, enforce spending caps and pass a balanced budget
amendment.

With these three critical components in place, we can
begin to restore fiscal sanity by reducing future deficits and minimizing our
massive $14.3 trillion debt. Requiring a balanced budget will ensure that
lawmakers can no longer pay for programs on the backs of future generations.
 Today’s announcement comes on the heels of the Congressional Budget
Office’s (CBO) newly released long-term budget outlook, which shows that our
national debt will soon exceed the size of our entire economy.

“On a day when the CBO offers yet another dire warning
about America’s looming debt crisis, it is especially important that leaders in
Washington commit to the Cut-Cap-Balance pledge,” said Rubio. “The path we are
on is no longer sustainable, and hasn’t been for some time. The tenets of this
pledge are the same that I promoted in my campaign, and the same that countless
Floridians and Americans are asking for. I am committed to cutting wasteful
spending, capping overall spending and balancing the budget as critical
policies to maintain our nation’s strong economic foothold in the global market.”