Florida Sen. Marco Rubio accuses President Obama of looking to spend too much and refusing to cut entitlements in a speech that will air after Obama's State of the Union address.
"The tax increases and the deficit spending you propose will hurt middle class families," Rubio will say, according to excerpts released before the speech. "It will cost them their raises. It will cost them their benefits. It may even cost some of them their jobs. And it will hurt seniors because it does nothing to save Medicare and Social Security. So Mr. President, I don't oppose your plans because I want to protect the rich. I oppose your plans because I want to protect my neighbors."
"Raising taxes won’t create private sector jobs," he will say. "And there's no realistic tax increase that could lower our deficits by almost $4 trillion. That's why I hope the President will abandon his obsession with raising taxes and instead work with us to achieve real growth in our economy."
Rubio will say that "the real cause of our debt is that our government has been spending 1 trillion dollars more than it takes in every year" and reiterate his call for a balanced budget amendment and cuts to programs like Medicare.
"Anyone who is in favor of leaving Medicare exactly the way it is right now, is in favor of bankrupting it," he will say.
He'll ask for bipartisanship and say "if we can get our economy healthy again, our children will be the most prosperous Americans ever. And if we do not, we will forever be known as the generation responsible responsible for America's decline."