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Rubio Praises Graham’s Service

U.S. Senator Marco Rubio (R-FL) released a statement following the death of former Florida Governor and U.S. Senator Bob Graham. “Bob Graham was a selfless public servant, whose legacy and impact will live on. From his days in the state House to his days in the...

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Miami Herald: Marco Rubio Warns of ‘Death Spiral’ Debt

Feb 24, 2011 | News

Florida’s biggest Republican star, U.S. Sen. Marco Rubio, returned to the state Capitol Wednesday to give a pep talk to the House Republican caucus and warn that the American dream is in danger of drowning in debt.

“The math is straightforward. The federal government this year, in order to operate, will have to borrow one-and-a-half trillion dollars. – trillion dollars,” Rubio said.

“Medicare and Social Security as they currently are structured, is unsustainable,” he said to applause. “They will bankrupt themselves and ultimately bankrupt our country.”

But despite his calls for bipartisan solutions, Rubio gave no specifics and offered standard party-line fare to reduce spending and not raise taxes.

“Apart from all the ideological rhetoric,” he said, “an increase in taxes will destroy the ability of our economy to grow, which will mean less revenue to government. It’s a vicious cycle. They’re starting to doubt about our ability to pay our debt back.”

Read the full story here.