Marco Rubio Calls on Obama to Lead on 'Cut, Cap and Balance'

In a statement on Friday afternoon, Florida Republican U.S. Sen. Marco Rubio weighed in on the cut, cap and balance plan that congressional Republicans are backing.

Whats at stake here is Americas credit rating, and the people that give us our credit rating have been very clear that we cant just raise the debt limit. They also want to see a plan to see how we are going to deal with our debt, said Rubio. The president hasnt offered a plan to do that. The Senate Democrats who run the Senate have not offered a plan to do that.

In fact, the only plan out there that does anything about it, that raises the debt limit but puts in place a plan to deal with the debt, was cut, cap, and balance. It passed in the House, it came over to the Senate, and the Democrats in the Senate wouldnt even let us vote on it, added Rubio before turning his focus to President Barack Obama. So now its the president's turn. Weve done our part, weve offered our plan, we got a vote on it, they wouldnt let us even vote on it in the Senate, and now its the Democrats turn. Now its President Obamas turn to come up and show us what his plan is, because were running out of time.