Marco Rubio Vows to Repeal Obama Stimulus

Former House Speaker Marco Rubio, the Republican candidate in the U.S. Senate race, promised on Monday to reign in federal spending and offered proposals to help slash the size and cost of the federal government.

Currently locked at the top of the polls with Gov. Charlie Crist, who is running without party affiliation, Rubio spoke at a town hall meeting in Jacksonville where he unveiled his proposals.

My children -- Amanda, 10; Daniella, 8; Anthony, 5; and Dominic, 2 -- are too young to understand what Washington politicians are doing to them and their generation, said Rubio. But I do, and its what motivates me each day to do something about it.

Rubio took aim at policies backed by President Barack Obama, calling for the elimination of bank bailouts and the federal stimulus. Rubio called for taking the money saved by eliminating those programs to be used in reducing the size of the national debt. Crist, who had been a Republican at the time, had been an early backer of the Obama economic program, including embracing the stimulus plan.