Kelly Ayotte: “I thank Senator Rubio for his leadership on this issue and for the important issues he has raised today because he is…”

“I thank Senator Rubio for his leadership on this issue and for the important issues he has raised today because he is absolutely right that class warfare is unproductive. The proposals the President has made are not serious in terms of how much revenue they would even address--not even 10 days' of our debt. Unfortunately, right now, the leader of the Senate has brought forward a resolution, a nonbinding sense of the Senate, that does nothing to address the spending in Washington, and we are spending over 24 percent of our GDP, or our economy, right now. Historically, we have spent about 20 percent of our GDP. Our spending is way out of line from where we have been over the 40-year historical level. Common sense tells us, why not a balanced budget amendment? Why aren't we addressing that instead of a nonbinding resolution that, again, will have no effect-- will not reduce our deficit, will not help create any jobs, and will not help our economy thrive? We should be addressing real legislation-- a balanced budget amendment. I could not agree more with my colleague from Florida about living within our means. Families sit around their kitchen tables and make the tough decisions. They see the revenue coming in and the expenditures going out. Washington should do the same.…”