Dealing With Debt — and Stewardship
by Kathryn Jean Lopez
They want to revolutionize how people think about
and operate as Catholics in public life
The speech came at the end of the Treasury-declared Aug. 2 deadline debt-ceiling debate in the Senate and helped put the whole fight in some context.
“$180 billion of that $300 billion is money that we collect from the people of our country through taxes and fees and other ways,” Rubio, a freshman senator, continued. “But we borrow $120 billion a month to pay our $300 billion-a-month bill.”
“And that’s just too much money,” he said. “That’s too much money for Republicans; it’s too much money for Democrats. It’s just too much money.”
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