U.S. Senate Republicans helped block a measure Saturday that would have allowed the nation to increase its borrowing limit, saying the debt-ceiling lift needs to be accompanied by spending reforms.
Though the Senate is controlled by Democrats, there aren't enough of them to muster the 60 votes needed to proceed under the chamber's rules and no Republicans joined them in the 53-45 vote to lift the debt ceiling.
"The American dream will be increasingly out of reach for millions of Americans as long as Washington keeps spending more money than it has," Florida's Republican senator, Marco Rubio said.
"I opposed Senate Democrats' latest attempt to raise the debt limit by $1.1 trillion because it fails to address our real debt crisis, reform spending, encourage economic growth, and do the necessary things to protect the American dream," Rubio said. "The American dream is still worth fighting for, and it's time Washington stops getting in the way of people trying to achieve it."