Tuesday, July 26, 2011

Senator Paul Opposes Debt Deal to Add at Least $7 Trillion to Debt

WASHINGTON, D.C. – Sen. Rand Paul released the following statement of opposition to the debt deal being proposed by the House of Representatives’ leadership today:

“The proposed deals being discussed today by House Republican and Senate Democrat Leaders do not make cuts to our debt. They do not solve our debt problems. They do not balance the budget, ever.

“Proponents of the most recent debt ‘deal’ in the House are saying it will cut $1 trillion over 10 years now, with promises of $2 trillion more cuts from a ‘commission;’ Senate Democrats are proposing $2.7 trillion in largely smoke and mirrors. These plans ‘cut’ from a baseline that, under current law, will add $10 trillion in new debt over 10 years. So in reality these ‘deals’ add at least $7 trillion to the national debt with no end in sight.

“These are not serious proposals, and they will not solve our fiscal problems. The plan proposed today by the House leaders does not meet the core standards of the Cut, Cap and Balance pledge. The Tea Party is willing to negotiate with the President over the specific spending cuts and spending caps, but any proposal must include a balanced budget amendment to ensure we solve our debt problem once and for all.

“The debate needs to be about real spending cuts – not simply reductions in proposed increases. This ‘deal’ talks of cuts, but these ‘cuts’ are from a baseline that plans to spend over $45 trillion over the next 10 years. It is important that the public understand that the ‘deal’ involves allowing spending and debt to increase every year over the next 10 years. I cannot and will not support any deal that does not have as its end goal a balanced budget. Promises and commissions will not satisfy that goal.”

http://www.randpaul2 … -7-trillion-to-debt/

  1. future lounge

    Friday, January 27, 2012 - 16:08:40

    balearic lounge for urban music lover - die coolste musik auf cd - vinyl bei deinem cdagent.de : Der Blog für deep house music mit den fairen bewertungen.

  2. A son pepere

    Monday, March 12, 2012 - 16:38:26

    Yes it’s a very good post, i give this blog in my bookmarks. Thanks by [url=http://www.a-son-pepere.fr]A son pepere[/url].

  3. Uro ChesiaUrochesiaUroChesiaUro CU ChesiaUChesia

    Saturday, March 24, 2012 - 15:38:20

    I see which style of writing and methodology was used for this. And I know some might not take this as any specific style but I see it. Sorry as this really has nothing to do with the topic but I am in a advanced writing class and these type of writing styled trended methodologys intrigue me.

  4. Bobsweep reviews

    Thursday, April 12, 2012 - 13:26:21

    I still think its really useful. I still really like your writing style. Keep up the great work.
    [Bobsweep reviews](http://bobsweepreview.educatorpages.com/)

  5. tee-shirt foot

    Friday, April 20, 2012 - 18:04:00

    Thanks for the awesome post. I agree with you on most points.
    Great Post!!!
    This article is very interesting.
    I am also very interested in it.I will recommend it to all my friends.
    To Everyone here, I’d like to join here to give you an Information that I’ve created my blog site.
    I do agree with all the concepts you have presented for your post. They are really convincing and will definitely work.
    Wonderful website you have here but I was curious about if you knew of any message boards that cover the same topics talked about here?
    I’d really like to be a part of community where I can get suggestions from other experienced individuals that share the same interest.
    If you have any suggestions, please let me know. Appreciate it!
    Excellent blog you have here but I was curious about if you knew of any discussion boards that cover the same topics talked about in this article?
    I really enjoyed reading it, you can be a great author.[url=http://www.teeshirt-personnalise.fr]tee-shirts personnalisé[/url].

Add comment

Fill out the form below to add your own comments

User data

Add your comment