Rubio prioritizes eliminating deficit spending. In 2013, he urged congress to refuse to raise the debt ceiling unless a balanced budget were passed and agreed to by President Obama.
MARCO RUBIO: “That's why I believe that we should refuse to raise the debt limit by one single cent unless we pass, and the president agrees to sign, a budget that shows us how we're going to begin to get to balance in at least 10 years.”
In 2012, Rubio expressed grave concern that a then-$16 trillion national debt was on the verge of overwhelming the size of the American economy, potentially ushering in a debt crisis similar to what has occurred in Greece and other part of Europe.
JOURNALIST: “You talked about the President sort of creating this deadbeat nation, Senator. When you say that, what exactly were you trying to say? What -?”
(1:11 – 1:58)
MARCO RUBIO: “A nation that can't pay its bills. I mean, a government that will not be able to pay its bills. You're watching it now happen and unfold in Europe. Well what's happening in Europe, what happens in Greece, is now spread to the European Union, or the rest of the European Union, and it's coming to a country near you. It's coming here, very very soon. Because we now have a debt that's larger than our economy. And look, just last week, we're starting to see glimmers of hope that some jobs are being created; there's a long way to go, but hopefully we're starting to make some progress in this economy. You want to put a stop to that? Well the - you know, nothing will put a stop to that faster than a European-style debt crisis. Which is what we are about to face in this country, if we cannot begin to, on a bipartisan level, begin to tackle and address this issue seriously.”