Marco Rubio Sets the Record Straight About Obama’s 'Absurd' Budget

Marco Rubio provides a rare bit of straight talk from the Senate. From noting the outright negligence of Senate Democrats for not producing a budget in over two years, to the Obama’s ridiculous and embarrassing budget that failed in an unprecedented 97-0 vote against a sitting President, Senator Rubio sets the record straight about the absurdity of the Democratic position on the debt ceiling and the budget.

“So I think it’s important to remind people what we’re debating because although it is a difficult and important issue, it is not a complicated one to understand. It’s pretty straight forward. And here’s the way I would describe it the United States of America more or less — these are rough numbers but they’re accurate – spends about $300 billion a month. It has $180 billion a month that comes to the federal government through taxes and other sources of revenue and that means that in order to meet its bills at the end of every month it needs to borrow $120 billion.

Now, for much of the history of this country, there have been increases in the debt limit and the ability to borrow money. But what has happened over the last few years is that it’s no longer a routine vote because the people who give us our credit rating are saying too much of the money that you spend every month is borrowed and we want you to show us how over the next ten years you are going to borrow less as a percentage of what you spend.

And so that’s why, for years, where the debt limit was routine vote, it no longer can be. It’s not something that was made up in some conservative think tank. But the reality that we cannot continue to borrow 40% to 41% of every penny that the government spends has brought us to this point.”