Marco Rubio vows to vote against raising the debt limit in a few weeks—unless it's the last time and accompanied by comprehensive reform—and he casts the decision not as a wonky economic debate but as a "defining moment in American history." In his op-ed in the Wall Street Journal, the GOP senator from Florida says unless things change, "our children will be the first Americans ever to inherit a country worse off than the one their parents were given."
Among other things, we need to reform entitlement programs, argues Rubio. "No changes should be made to Medicare and Social Security for people who are currently in the system, like my mother," he writes. "But people decades away from retirement, like me, must accept that reforms are necessary." Tough decisions await, but raising the debt limit once again "without a real plan to bring spending under control and get our economy growing" invites the risk of a "catastrophic economic crisis."