American - Politician | May 28, 1971 -
We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt, half of that to foreigners, most of that to Chinese investors. I don't - that is extreme. Not only is it extreme. It's insane and it's unsustainable.
Marco Rubio
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But here's what I would tell people of my generation. I turn 40 this year. There isn't going to be a Social Security. There isn't going to be a Medicare when you retire. Forget about what your benefit is going to look like. There isn't going to be one if we don't make some reforms to save that program now.
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When you talk about entitlement programs, it's not just about - it's not about cutting those programs. It is about saving those programs. Those programs are on a path of fiscal unsustainability.
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I'm going to be working the next 25 or 30 years. People like me, if we want, number one, for no benefit reductions for our parents and our grandparents, number two, for the system to survive and exist for us, and, more importantly, number three, for the system to exist for us children, we are going to have to make reforms to that system.
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I always tell people I'm running against two Democrats, one that admits it and one that does not.
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You know that big government doesn't hurt big corporations. They've got the best lawyers and accountants in the world. You know who gets destroyed by big government? It's the little guys.
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I would love nothing more than compromise. But I would say to you that compromise that's not a solution is a waste of time.
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Let me start by saying that I do not enjoy nor relish the partisan role of attack dog. I never found any fun in that. I don't think it's constructive. I don't intend to become that here in the Senate.
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And I can tell you that history will back up what I'm about to say and that is that there is no government run by conservatives, Republicans, put whoever you want there, if you give government the opportunity to spend more money than it has, it will do it. It will do it every time.
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I am prepared to discuss the things that I believe we need to do not just to raise the debt limit. Raising the debt limit is the easiest thing. That's one vote away. The hard thing is to show the world we are serious about putting our spending in order so we can show people we'll able to pay our bills down the road.
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If my house was on fire, I can't compromise about which part of the house I'm going to save. You save the whole house or it will all burn down. We either save this country or we do not.
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And that is that we have never been: a nation of haves and have-nots. We are a nation of haves and soon-to-haves, of people who have made it and people who will make it. And that's who we need to remain.
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