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Sunday, July 17, 2011

Sen. Marco Rubio on "Face the Nation": It's the debt, stupid!!

Concerning the debt limit debate, Rubio says: "The real problem here is not the debt limit, it's the debt.....and it's not just me saying this, it's the rating houses saying it"!

Senator Rubio refers to the following article S& P report which vindicates "House “Cut, Cap, and Balance” plan as mentioned at the Washington Examiner on 7/16/2011:

Standard & Poor’s issued a dire warning this week stating a 50 percent likelihood that the nation’s gold-plated Triple-A credit rating will be downgraded in the next 90 days. Not because of any failure to increase the debt ceiling, but because it appears there will be no longer-term plan that substantially reduces the deficit.  Source: http://washingtonexaminer.com/opinion/op-eds/2011/07/sp-report-vindicates-house-cut-cap-and-balance-plan#ixzz1SOKqxJUv

President Obama, are you listening to the fiscally responsible people in the room?

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