July 27th, 2011
11:49 AM ET
9 years ago

Rick Scott opposed to raising debt ceiling

(CNN) - Despite his own party's growing push to raise the federal debt ceiling, Republican Gov. Rick Scott of Florida insisted Wednesday the government should resist any increase in the debt limit.

"We can stop borrowing money at the federal level if we cut our spending at the federal level," Scott said on CNN's "American Morning." "We don't have to keep borrowing more money."

Scott repeatedly argued the government should follow the business model of a company when it comes to debt.

"What do businesses do if the revenue goes down? They have to stop borrowing money," Scott said. "Our government is no different. What's the limit? Is it $14 trillion, $16 trillion, $20 trillion? And who's going to pay for this? Our kids will pay for this."

When pressed by CNN's Christine Romans on what he would cut from federal programs, the Florida governor did not outline specifics.

"Well, you go through the most important things–just like what you do at the state level–you go through the most important things, and then you have to cut back," Scott said.

Romans reminded Scott that Federal Reserve Chairman Ben Bernanke said the country would see an immediate 40 percent cut in federal spending if there's no agreement by the August 2 debt deadline.

"The impact near-term on the economy would be disastrous," Romans said.

But Scott remained firm in his stance, saying the only solution is to cut spending and lower taxes.

"Higher taxes, more regulation, trillion dollar deficits kill our economy," Scott said. "This is about jobs, about our future. We cannot continue to borrow money."

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Filed under: Debt • Deficit • Rick Scott • TV-American Morning
soundoff (90 Responses)
  1. 'merica ruined by rethugs

    Hmmm, this coming from a clown who lost Jacksonville for the rethugs. Buyers remorse down in the sunshine state. Better hope and pray that this upcoming hurricane season is uneventful before you have walk it back like that secessionist in Texas...

    July 27, 2011 11:52 am at 11:52 am |
  2. SmartPotato

    Heh heh. Trying to stay relevant...

    July 27, 2011 11:56 am at 11:56 am |
  3. ztank

    Even though all economists agree and businesses agree that not raising the debt limit would be disasterous...there are Tea Party clowns like this guy who simply don't believe them.

    Seriously people. These tea partiers are NOT good for the country. Wake up and smell what they are cooking before its too late.

    July 27, 2011 11:57 am at 11:57 am |
  4. georgia

    Excellent–no more federal dollars to Florida!

    July 27, 2011 11:57 am at 11:57 am |
  5. Georgia Joe

    This man is an idiot. Cutting $1.5 trillion and taking it out of the economy over the next year would take a full 10% off of US GDP and place the Country into a depressionary talespin. Scott and his ilk are either incredibly stupid or determined to destroy the US economy.

    July 27, 2011 11:59 am at 11:59 am |
  6. Rick McDaniel

    He is right, of course. Fixing this later, will cost far more, then, than fixing it now.

    July 27, 2011 11:59 am at 11:59 am |
  7. Chris

    This from a guy who stole billions from his company before jumping ship. Smooth. Raising the debt limit has NOTHING to do with NEW spending. He deals with paying the bill Congress, under Republican and Democratic control (not the President – Bush or Obama) has created. Reckless comments like this from teabaggers is what is wrong with our political system. It is time to lead the nation and not prepare for reelection.

    July 27, 2011 11:59 am at 11:59 am |
  8. Sandy

    And why would people listen to Rick Scott, whose approval ratings are the lowest of any Gov. in the nation! Buyer's remorse!

    July 27, 2011 12:00 pm at 12:00 pm |
  9. Wire Palladin, S. F.

    Like most Floridans, 70% of us are opposed to Rick Scott.

    July 27, 2011 12:02 pm at 12:02 pm |
  10. vic , nashville ,tn

    Republicans are divide in congress and senate now in governors
    Virginia, South Carolina, Tennessee and New Mexico governors wants to raise debt ceiling other wise state credit rates will go down

    Debt ceiling debate killing the party

    July 27, 2011 12:04 pm at 12:04 pm |
  11. Sasha

    Considering that Scott's policies have been disastrous to Florida and have made ebola virus more popular than him, I think it's safe to ignore any advise he offers.

    July 27, 2011 12:05 pm at 12:05 pm |
  12. Bill

    There is reason why this clown will soon be out of office.

    July 27, 2011 12:06 pm at 12:06 pm |
  13. ConservaFASCISTS/Dutch, Bad Newz, VA

    Who cares what Rick Scott thinks? He's proven himself to be a radical governor and his policies are not very favorable in Florida.

    July 27, 2011 12:08 pm at 12:08 pm |
  14. Ray E. Georgia

    Ypou Know,
    That may not be such a bad idea. I have to live within my Budget. Why should the Federal Government be allowed to keep running up the debt. Is it because too many people never took any responsibility for their welfare. Is it not time to Wean people off the Government Dole? The way the Negoitation are going it may be awhile before any raising of the Debt is decided. May not be a bad thing.

    July 27, 2011 12:08 pm at 12:08 pm |
  15. msmaris04

    You get what you paid for folks.

    July 27, 2011 12:09 pm at 12:09 pm |
  16. Lori in St Pete

    Considering he's allowing Citizens to raise homeowner isnurance rates by as much as 2000%+, and is rolling back energy conservation and environmental protections, why should anyone expect anything different?

    July 27, 2011 12:11 pm at 12:11 pm |
  17. al in memphis

    Please tell me why we did not have these types of comments when Bush increase the deficit by $5 trillion. As long as the rich can make their money overseas and bring it back to the USA without being taxes, why should they care whether this country defaults and have higher interest rates. They can borrow money under very flexible conditions unlike the general public.

    Call all the defense contractors and tell them they are not getting paid so we don't have to raise the debt ceiling - See how that goes over.

    July 27, 2011 12:13 pm at 12:13 pm |
  18. texan

    Well Florida, it all goes back to " be careful what you wish for, - you just might get it" Now you GOT Scott and his primary job is to protect HIS billions.

    July 27, 2011 12:13 pm at 12:13 pm |
  19. AZ DEM

    Man seriously..after all of the reports and evidence that cutting taxes DOES NOT CREATE JOBS (See Bush tax cuts) this guy is still out there pushing this voodoo economics that says allowing the wealthiest to keep more of there money gives them a better chance to trickle down benefits and business owners to hire employees. No way this guy should have become the Governor but I see Floridians are paying for their choice much like we people in AZ are paying for our dim wit of a governor.

    July 27, 2011 12:17 pm at 12:17 pm |
  20. Switters

    Rick Scott has a 29% Job Approval in Florida

    29% – we won't make the same mistake next time.........

    July 27, 2011 12:17 pm at 12:17 pm |
  21. DA

    Oh Boy! I know Floridians can't wait until the day they can send RS packing. LOL

    July 27, 2011 12:18 pm at 12:18 pm |
  22. Rudy NYC

    Here's another one that does not understand that we are raising the ceiling to authorize the treasury to borrow money for stuff that we have already bought. This is to pay for the FY2011 budget that his colleagues in the House voted on and passed. Now we need to borrow the money to pay for it.

    The right wing disinformation of the American public continues unabated.

    July 27, 2011 12:18 pm at 12:18 pm |
  23. Alan

    As a Florida resident, I don't like Scott and didn't vote for him. However, the manner in which Christine Romans conducted that interview was disgraceful. She was yelling, constantly interrupted him, and hardly ever let Scott finish an answer. SOMEONE TEACH HER HOW TO CONDUC AN INTERVIEW, PLEASE!! She's an amateur.

    July 27, 2011 12:19 pm at 12:19 pm |
  24. Randy, San Francisco

    Keep on talking nonsense...your political career isn't going anywhere fast.

    July 27, 2011 12:21 pm at 12:21 pm |
  25. John

    The Republicans really do want to see a default.

    July 27, 2011 12:21 pm at 12:21 pm |
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