Marco Rubio: White House Failed to Lead on Supercommittee

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"We believe that one of the things that's holding back economic activity is all the bad news and impending bad news that's coming out of Washington," Rubio said. "If we can show people that there are things we can work on together, that there is a glimmer of hope in Washington, that we are able to agree on the things we agree on, we hope to be able to get the ball rolling on a little bit of confidence over the next 12 months."

While Senate Majority Leader Harry Reid, D-Nev., has been criticized for not taking action on jobs bills supported by Republicans, Coons said their effort has received "very positive responses from folks in leadership, from the White House" and from Senate colleagues.

"I think this is a balanced, bipartisan, constructive package of ideas that can help move the economy forward," Coons said. "And I'm confident that Leader Reid wants to make whatever progress we can in moving legislation that will help create jobs."

"Our point is that there is no reason for this not to pass," Rubio added. "We can't sit around for 12 months and do nothing… If something like this can't get traction, if something like this can't pass, what does it say about our process?"

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