The debt ceiling bill has passed, and President Obama has signed it into law. I've collected the statements from several prominent Florida Republicans, Senator Marco Rubio, Senate candidate Adam Hasner, and Congressman Daniel Webster on the passage of this bill and have posted them here.
Rubio voted against the bill, Webster voted for it, and Hasner was opposed.
Rubio voted against the bill, Webster voted for it, and Hasner was opposed.
First, a statement released by Senator Marco Rubio earlier this afternoon:
I cannot support this plan because it fails to actually solve our debt problem, fails to diminish the risk of a credit rating downgrade and is not a long-term solution to avert a debt crisis. This plan still adds at least $7 trillion to our debt over 10 years. It fails to immediately start downsizing government, leaving 98 percent of deficit reduction until after the 2012 election. By not addressing the biggest driver of our debt, health care spending, this plan ensures Medicare’s looming bankruptcy, while protecting ObamaCare’s $2.6 trillion blank check. It contains no real structural reforms to spending, such as a Constitutional balanced budget amendment. It fails to reduce spending by what credit rating agencies say is at least $4 trillion to avert a downgrade. Worst of all is that at a time of 9.2 percent unemployment, this plan fails to include pro-growth measures to help get people back to work and create new taxpayers to help us pay down the debt. In fact, I fear that the new ‘Supercommittee’ in this bill could lead to expedited consideration of big tax hikes on our struggling economy. And if Congress rejects new taxes, then up to $850 billion of devastating automatic defense spending cuts would be triggered at a time when the world is as dangerous as it’s ever been.
Americans are looking at Washington with anger, disgust and concern that maybe America’s problems are just too big for our leaders to solve. , keeping America exceptional will require spending cuts and caps, saving Medicare and Social Security from bankruptcy, a Constitutional balanced budget amendment, tax reform and regulatory reform. Above all, it will require courage.
Also, here is a video of Rubio's floor speech today:
YouTube | SenatorMarcoRubio | Rubio: "This Debate Will Continue"
After the jump, read the text of Rubio's remarks, as well as statements from Hasner and Webster.
Senator Marco Rubio
U.S. Senate Floor Speech
August 2, 2011Adam Hasner (Former Majority Leader of the Florida House, 2012 Senate Candidate):
Sen. Rubio: Thank you to my colleague from Alabama, who does a phenomenal job always of outlining the economic realities of it. And I enjoyed -- could have sat here and listened to him speak even longer. But I understand, according to some, I might be the last speaker today or one of the last, so I don't want to keep the Senate open any longer than it should be. We've done a lot of work here over the last few days.
I went back around forth today over whether I wanted to speak or not. After all, I think almost everything that can be said has been said regarding the events of the last few days. But I did ultimately want to share my thoughts for a moment, as we head into the August recess, as they call it here in Washington, and many of us here in the Senate will be returning to our home states to explain to the people that we represent what we did or did not do in the last few days.
First, let me start by pointing out to that our republic is an amazing thing.
As heated as the rhetoric may have been over the last few days, I think all of us should stop for just a moment and understand that all around the world there are countries that solve the problems we've solved through debate, they solve it through civil war and conflict, armed and otherwise.
Our republic is an amazing thing. It isn't always pretty. Quite frankly, it's more often than not, very messy. But it has withstood two hundred and thirty-some-odd years of pressures and choices, and it continues to do so even if ultimately what it gives us is not always solutions to our problems. We are blessed to have it.
I would remind many like myself that were elected in the last election cycle, tightly embracing the principles of our Constitution, that our Constitution is not just a set of words that outline our principles. It gives us a system of government. It gives us this republic. And this republic is valid and it matters, even when the people who are running it may not be people you agree with. And we should always remember that.
What we have here is special and unique. We should embrace it and be thankful to our God each night that we have the opportunity and the blessing of living in a nation such as this.
Moving aside from that, however, the facts still remain that this coming month and every month to come, more or less, this government will spend $300 billion a month. That's a lot of money. It’s more than any government has ever spent in the history of man.
$180 billion of that $300 billion is money that we collect from the people of our country through taxes and fees and other ways. But we borrow $120 billion a month to pay our $300 billion-a-month bill.
And that's just too much money. That's too much money for Republicans; it's too much money for Democrats. It's just too much money.
And although we should be happy that tomorrow and in the days to come we're not facing a default, and an inability to meet our bills, the truth is, an undeniable one that I don't think anyone here would disagree with me when I say: we can't keep borrowing $120 billion every month or more because the point and the day will come when the people who lend us that money will stop lending us that money.
If we keep doing this for long, we will one day reach a day in this country where we will face a debt crisis, but it won't be because of the debt limit or because of gridlock in Washington; it will be because folks are no longer willing to buy America's debt, because they seriously doubt our ability to pay it back.
It's not hyperbole. It is not an exaggeration. It is a mathematical, indisputable fact that no member of either party would dispute. There is general agreement on this, and there's general agreement that the only way to solve this problem is a combination of two things.
Number one, this government needs to generate more revenue. And, number two, this government needs to restrict its growth in spending.
Because as bad as the three hundred billion-a-month looks, it only gets worse from here on out for ways that I don’t have time to explain in the next 10 minutes. Suffice it to say that our economy isn't growing. It's not producing enough revenue moving forward. Meanwhile, all the programs we fund are about to explode in their growth because more people than ever are going to retire and they’re going to live longer than they've ever lived and the math just doesn't add up.
These are facts - no one would dispute that. The debate in Washington is not even about that fact. The debate is how do we solve it, how do we generate more money for government and reduce the spending, at the same time? And I will tell you this is not a debate we will solve in the month of August. In fact, I believe it will characterize the rest of this Congress, the 2012 elections and the years that lie ahead.
And the division on how to solve it goes to the root of the dispute that we face in America between two very different visions of America's future. By the way, one not more or less patriotic than the other. Patriotic, country-loving Americans can disagree on their future vision of what kind of country we should be. But this division, this difference of opinion, is the reason why even though this bill passed, this debate we just had is going to move forward for some time to come.
On the one hand, there are those who believe that the job of government is deliver us economic justice, which basically means: an economy where everyone does well or as well as possibly can be done.
There is another group that believes in the concept of economic opportunity where it’s not the government’s job to guarantee an outcome but to guarantee the opportunity to fulfill your dreams and hopes.
One is not more moral than the other. They are two very different visions of the role of government in America. But it lies at the heart of the debate that we're having as a nation.
And so we have to decide because Washington is divided, because America is divided on this point. And we must decide what every generation of Americans before us has decided. And that is what kind of government do we want to have and what role do we want it to have in America's future?
And so the fault lines emerge from that. The solutions emerge from those two visions.
For those that want to see economic justice, their solution is to raise more taxes. They believe that there are some in America that make too much money and should pay more in their taxes. They believe that our government programs can stimulate economic growth. And they believe that perhaps America no longer needs to fund or can no longer afford to fund our national defense and our military at certain levels.
Another group believes that, in fact, our revenues should come not from more taxes but from more taxpayers. That what we need are more people being employed, more businesses being created. They'll pursue tax reform, they'll pursue regulatory reform, but ultimately we look for more revenue for government from economic growth, not from growth in taxes.
We believe that the private sector creates these jobs, not government and not politicians. Jobs in America are created when everyday people from all walks of life start a business or expand an existing business.
I believe and we believe in a safety net program, programs that exist to help those who cannot help themselves and to help those who have tried but failed to stand up and try again, but not safety net programs that function as a way of life and believe that America's national defense and our role in the world as the strongest military that man has ever known, is still indispensable.
These are two very different visions of America and two very different types of solutions.
Ultimately, we may find that between these two points there may not be a middle ground. And that, in fact, as a nation and as a people, we must decide what we want the role of government to be in America, moving forward.
So let me close by just saying this has been a unique week for me in a couple ways.
One has been, of course, the debate that has happened. The other, my family has been here for the better part of a week, young children. We had an opportunity, today after the vote, to walk around a little bit and look at all the statues and monuments that pay tribute to our heritage as a people. It reminds us that we are not the first Americans that have been asked to choose what kind of country we want or what role of government we want in our country. It is a choice that every generation before us has had to make.
Even in this chamber as I stand here you can sit back and absorb the history of some of the extraordinary debates that took place on this very floor, debates that went to the core and heart of what kind of country we wanted to be moving forward. And the voice of those ancients call to us even now, that remind us every generation of Americans has been called to choose clearly what kind of country they want moving forward.
And that debate will continue. It will define the service of this Congress and for most of us that are here now.
I pray we choose wisely. And I look forward to the months that lie ahead that we will choose and make the right choice for our future and for our people.
With that, I yield the floor.
I decided to run for the United States Senate because I believe there aren't enough people in Washington, Democrat or Republican, who understand the challenges facing our country or who are willing to do anything about them. The recent debt limit debate in Washington only reinforces my decision.
[Last night] the House [voted] to add at least $7 trillion to America's debt over the next ten years. There will be good conservatives on both sides of this vote, but I oppose this plan because it falls woefully short of putting America on sound financial footing. It doesn't come close to meeting the conditions necessary to avoid a downgrade to America's best-in-the-world credit rating and it leaves the door open for massive tax hikes. There is no strict requirement for a Balanced Budget Amendment or strong, across-the-board spending caps tied to the size of the economy. Furthermore the plan will not restore confidence in America's job-creators or job-seekers, which is exactly what our nation needs the most at this critical time.
Conservatives in Washington deserve credit for shifting the debate and holding typical politicians in both parties accountable for the decade of reckless spending that has brought us to this point. However, the final result proves our work is only beginning. It's clear we need to elect more limited government reinforcements to enact serious spending reforms, rein in government, and pursue pro-growth economic policies.
The debt ceiling debate has been a frustrating and difficult time in Washington, especially for those of us who are fighting to break the federal government's addiction to spending and get our fiscal house in order. However, when you sent me to Congress last fall, I was not expecting the tasks ahead to be easy. I knew that difficult conversations and frustrating negotiations were ahead of me, as I believe that the way Washington operates is fundamentally broken.
After weeks of tense negotiations, the House passed the Budget Control Act by a vote of 269-161 last night, as a first step towards serious reform and a balanced budget. I voted for this bill knowing that this is just the first step, however I also know that this is a dramatic change to the culture of Washington, DC.
This bill is not perfect. I understand many Americans are frustrated, as they were hoping for more aggressive cuts when so much is at stake. I share their frustration, and was also disappointed that some of the reforms didn’t go far enough or passed responsibility on to a commission for future cuts.
However, this deal is only the beginning of our journey to true financial reform and accountability. It has taken decades of reckless spending and poor choices to reach this dangerous point and it will take more than just one piece of legislation to correct it. But what America needs NOW is courageous leadership from honest leaders.
This bill was a good step in the right direction, and it saved our country from defaulting on our debts and facing real economic disaster.
What is Good for America in this Bill:
I know that our work is not done. You have my commitment to continue fighting to ensure further cuts are made, and that we do not continue to pass the responsibility of our time on to future generations.
- The bill follows the basic framework of the first plan proposed by House Republicans, that I co-sponsored, the Cut Cap and Balance Bill, which:
- CUT: Reduce total budget authority by 44 billion dollars for 2012. (The amount approved to spend by the Federal Government)
- CAP: Places a cap on the level on spending for the next 10 years
- BALANCE: The House and Senate must vote on a balanced budget amendment, mandating that we cannot spend more than we take in
- NO Tax Increases: You may recall Obama and Liberal Democrats were staunchly against any bill that did NOT include increases in taxes when we started this debate. We cannot tax our way to prosperity.
- The Debt Ceiling Isn’t a Blank Check: The bill ensures we cut spending MORE than the amount we raise the debt ceiling, so we can work to bring our deficit down and enact real reform.
Keep in mind, when we began this process several months ago, President Obama drew several lines in the sand by trying to push for substantial tax increases, no cuts and a massive debt increase before the 2012 election. Though the President and the Democrat Senate wanted to pass this responsibility on for their own political reasons, I’m grateful that we stepped over this line in the sand and emerged with a bill with no tax increases and aggressive cuts in spending.
I truly believe that America’s not broken, Washington is – and I will continue working to break our federal addiction to spending before it bankrupts our country.
I hope you will continue to visit www.electwebster.com to find out more about our campaign and our fight to fix what’s broken in Washington, or email me at Dan@electwebster.com with your feedback.
Rep. Daniel Webster
[Cross-posted at The Minority Report]