Mexican tomato exporters are conducting unfair trade practices and dumping tomatoes into the U.S. market, despite the 2019 Tomato Suspension Agreement. This is forcing American tomato farmers out of business and destroying the domestic tomato industry. U.S....
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ICYMI: Rubio Joins All Things Considered
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St. Augustine Record: Rubio: Raising Debt Limit Would Be ‘Catastrophic’
U.S. Sen. Marco Rubio, R-Fla., said Wednesday that a proposal in Congress to raise the nation’s debt ceiling past $14.3 trillion would be “catastrophic.”
Rubio, speaking at the Council on Aging’s River House, told 400 supporters that the U.S. economy is no longer growing.
“Why? The national debt is casting a dark pall on our future,” he said. “Our government is spending about $1 trillion more than it takes in. People figure out pretty quickly that this is unsustainable.”
But there’s no “magic bullet” or single action to take, he said.
“There are a lot of things we can do,” he said. “First, we need to share with our creditors that we have a plan. We don’t know when, but the crisis will come. Our debt limit is $14.3 trillion. We’ll reach that before the end of June.” He said the government needs to borrow more money to pay the interest on what it has already borrowed.
“That’s like getting a second credit card to pay the interest on the first,” he said.
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