Friday, February 25, 2011

Senator Warns of U.S. Debt "Death Spiral"

Florida’s biggest Republican star, U.S. Sen. Marco Rubio, returned to the state Capitol Wednesday to give a pep talk to the House Republican caucus and warn that the American dream is in danger of drowning in debt.

“The math is straightforward. The federal government this year, in order to operate, will have to borrow one-and-a-half trillion dollars. – trillion dollars,” Rubio said.

“Medicare and Social Security as they currently are structured, is unsustainable,” he said to applause. “They will bankrupt themselves and ultimately bankrupt our country.”

Read more: http://www.miamiherald.com/2011/02/24/2082825/florida-sen-rubio-warns-of-us.html#ixzz1F2gDwTGP

No comments:

Post a Comment

If the post you are commenting on is more than 30 days old, your comment will have to await approval before being published. Rest assured, however, that as long as it is not spam, it will be published in due time.

Related Posts with Thumbnails