El Rushbo Talks with Senator Marco Rubio

El Rushbo Talks with Senator Marco Rubio

SENATOR RUBIO: You know, the first part about it, Rush, is something you know on this debt limit thing. I said to somebody earlier today in the hallway, one of these media types that waits out in the hallways to interview you. They wanted to talk about the debt limit. I said, "The debt limit is a symptom. It's not our problem. The core problem is our debt and the fact that our government borrows 40¢ out of every dollar and has no idea how it's gonna pay it back; and that's a combination of spending -- we just spend way too much as government -- and loss of revenues."

Again, not loss of revenues 'cause our taxes aren't high enough. Loss of revenues because we have too many people that are out of work that are not paying taxes. So the solution seems to me to be a combination of fiscal discipline on the spending side -- which you have to enforce through spending caps and a Balanced Budget Amendment and cuts starting right now -- and, at the same time, some sort of pro-growth measures that get people back at work that create not new taxes but new taxpayers: People that are working, paying their taxes, adding revenue to government so that government can use that revenue not to grow government, but to pay down the debt and put us on a sustainable path.

That just seems to me to be the commonsense approach to this, and, instead, we've got this President's obsession with raising taxes -- and what bothers me the most about it is not just that it will kill jobs and is bad for our economy. What bothers me the most is there isn't a single tax package out there that's reasonable and realistic that would even put a dent on this debt crisis. I mean, people have no idea what you'd have to raise in taxes in this country to just to begin to make a difference. Of course you never can raise it to that level because you won't be able to collect them because, you know, people aren't dumb enough to work for free. I mean, if you're gonna tax all their money, they're not gonna keep working. So these are the things I just don't get and I wish we had done a better job earlier of outlining these choices to the American people.

Rubio just expresses the basics.