Rubio threatens to hold vote hostage
March 29th, 2011
09:20 PM ET
12 years ago

Rubio threatens to hold vote hostage

Washington (CNN) - Republican Sen. Marco Rubio of Florida threatened to vote against raising the debt ceiling unless his conditions for tax and budget reforms are met, in a Wall Street Journal op-ed set to be published Wednesday.

The freshman senator and tea party favorite said raising the limit – the legal amount the U.S. government is allowed to borrow to finance its debt – is "putting off the tough decisions until after the next election."

"We cannot afford to continue waiting. This may be our last chance to force Washington to tackle the central economic issue of our time," Rubio wrote. "If we simply raise it once again, without a real plan to bring spending under control and get our economy growing, America faces the very real danger of a catastrophic economic crisis."

Congress must reach an agreement over the debt ceiling before the United States reaches its legal borrowing limit of $14.29 trillion in April or May. Members of both parties say the country must address its fiscal issues but disagree over the cuts needed to tackle the rising debt. And the debate comes as members of Congress face a budget battle, with an April 8 expiration date for the bill currently funding the government.

To vote for legislation to raise the debt limit, Rubio said it either must be the last such bill or be accompanied by "a plan for fundamental tax reform, an overhaul of our regulatory structure, a cut to discretionary spending, a balanced-budget amendment and reforms to save Social Security, Medicare and Medicaid."

"Whether they admit it or not, everyone in Washington knows how to solve these problems. What is missing is the political will to do it," Rubio wrote. "Demagoguery is the last refuge of the spineless politician willing to do anything to win the next election."

Filed under: Congress • Debt • Marco Rubio
soundoff (30 Responses)

    Here's another idiot Tea Bagger who doesn't realize what would happen. If the ceiling isn't raised our country would default on our loans and everything would be called in as payable, which of course we can't do. That would result in a depression that would make the Great depression look like a walk in the park. Really, these guys with simplistic views of the world will destroy our great country. This guy just told us that he's a true, through and through idiot. God help us!

    March 30, 2011 03:02 am at 3:02 am |
  2. DAVE

    PLEASE PLEASE PLEASE shut the goverment down republicans! it will do nothing but help the middle class. when a bank has internal termoil the value of the banks stock goes down. when you shut the goverment down the value of the american dollar will go down for the same reasons. the effect is it makes imported goods cost more and american made goods cost less. demand for goods being made here will help with jobs. it will also make other countries want to invest in american companies because it will cost them less when their money value goes up when compared to a declining dollar. the only people who get hurt is the american corperations holding on to investment dollars and the rich who base their wealth on the dollar some could even go broke! this democrat would laugh his head off to see republicans stick it to your rich friends and corperate buddies! our GDP is looking atractive to investors from other countries right now thats what is holding up the stock market right now smart guys! watch what happens during a shut down it will go up even more. the corperation and the rich wants a global market they will just end up owning alot less of it than they planned. if the american dollar completely fails i say oh well its a good time to start over. we could trade goods and services instead of money. i am a journeyman machinist and could trade my skills for what i need to doctors farmers machcanics and builders. the wealthy could trade balance sheets and spreed sheets i am sure everyone will want them!

    March 30, 2011 03:17 am at 3:17 am |
  3. Tony

    None of the rest of us think Rubio is so special that he should be able to hold our entire government hostage to his twisted world view...the capital police should arrest him and put him on a Greyhound bus back to Florida.

    March 30, 2011 07:16 am at 7:16 am |
  4. Mattski

    I voted for Marco and I think he is a reasonable man, but he has to learn the lesson that so many newcomers to DC have to learn. You can stomp and scream all you want, but the GOP did not win a dictatorship so you better learn how to compromise. It's your job to shape legislation that can pass the houses of congress and get signed. If you can't, that's your failure.

    March 30, 2011 07:42 am at 7:42 am |
  5. ely

    It looks to me that Rubio is just out of mothers nest? You Mr.Rubio,need a "Boatload" of experience just being out from under mommys skirt,much less trying to fix anything in our "Great Country" I think I am politically safe in calling you,Boy. Mr. Rubio. Keep listening to your President,and you may Learn something.

    March 30, 2011 07:43 am at 7:43 am |
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