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Sen. Rubio On “Fox & Friends”

Jul 12, 2011 | Blog

Sen. Rubio: The Only Way To Generate Revenue Is To Create Jobs

Gretchen Carlson: “So I have seen your op-ed in which you say we’re being sold the wrong message that we need a balanced approach with regard to the debt talks. In what way?”

Sen. Rubio: “Well, we do need a balanced approach. I think the President’s got the wrong balance. We can’t possibly raise enough taxes, even if we wanted to, we couldn’t possibly raise enough taxes to even make a dent on the debt. The only way to generate revenue for government that’s enough so that we can make a run at this debt is to grow the economy to create jobs. That’s what I mean when I say what we need are not new taxes, what we need are new taxpayers. What we need is job creation and more people working. More people working means more people paying taxes. The way you do that is through regulatory reform and by simplifying the tax code, you lower the tax rate for everybody by getting rid of many of these unjustified exemptions that are the result of good lobbying, not good public policy.”


Sen. Rubio: It’s Not Just About Balancing The Budget, It’s About Saving Entitlement Programs

Gretchen Carlson: “I don’t know if you happened to hear the President yesterday before another round of debt talks, but he sounded like he was appealing to the independents out there. He said he’s not going to mind taking the heat from his own party, and if you believe the insiders, they’re saying that he was willing to raise Medicare age from 65 to 67. Do you believe him?”

Sen. Rubio: “Well, I don’t know what to believe. I haven’t been in those conversations. All I can tell you is that that’s where the money is in terms of on the negotiations side and the spending side. And it’s not just about balancing the budget. It’s about saving the programs. Medicare is going bankrupt. Medicare can’t continue the way it is now because it is going bankrupt. I think we need to save Medicare. It’s an important program, and anybody who is for leaving Medicare the way it is now, is for bankrupting Medicare.”