{"id":1165,"date":"2012-12-05T17:19:32","date_gmt":"2012-12-05T17:19:32","guid":{"rendered":"http:\/\/megalextoria.wordpress.com\/?p=1165"},"modified":"2012-12-05T17:19:32","modified_gmt":"2012-12-05T17:19:32","slug":"sen-paul-nation-to-get-big-ugly-debt-bag-for-christmas","status":"publish","type":"post","link":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/2012\/12\/05\/sen-paul-nation-to-get-big-ugly-debt-bag-for-christmas\/","title":{"rendered":"Sen. Paul: Nation to Get “Big, Ugly” Debt Bag for Christmas"},"content":{"rendered":"
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In what might loosely be described as the \u201cspirit of the season,\u201d the Congress of the United States will likely put together a huge grab bag \u201cwith a lot of stuff in it,\u201d including tax- and debt-ceiling increases, and drop it down the nation\u2019s chimney before adjourning for its Christmas recess, Sen. Rand Paul (R-Ky.) predicted Monday.<\/p>\n

\u201cI think there will be something really big, some enormous, ugly bill with a lot of stuff in it, including raising the debt ceiling by a couple trillion dollars. They\u2019ll squish it into one bill. And sometime before Christmas, they\u2019ll pass it,\u201d Paul said in an interview with Greta Van Susteren on Fox News Monday night. But they\u2019ll pass it over his opposition, said Paul, a favorite of Tea Party activists and a potential contender for the GOP presidential nomination in 2016.<\/p>\n

\u201cI made a pledge to the people of Kentucky that I\u2019m not raising taxes,\u201d said Paul, an ophthalmologist who became Kentucky\u2019s junior senator by winning an open seat in 2010 in his first political campaign. \u201cI took a pledge. I signed a statement, an oath that I wouldn\u2019t raise taxes, and I\u2019m going adhere to it,\u201d he said in apparent reference to the anti-tax pledge promoted by Grover Norquist, president of Americans for Tax Reform. Some key Republicans who took that pledge have indicated on the Sunday talk shows and other venues a willingness to consider tax increases, along with spending cuts, in an effort to avoid the much-discussed \u201cfiscal cliff\u201d of across-the-board spending cuts mandated by the budget agreement of 2011, and the tax increases that will occur without another extension of the Bush-era tax cuts, due to expire on January 1. Norquist responding on CNN\u2019s Starting Point, dismissed talk of flexibility by anti-tax Republicans as \u201cdiscussions of impure thoughts on national television.\u201d Paul made it clear he was entertaining no such thoughts.<\/p>\n

\u201cI\u2019m all for reforming the tax code, but it would have to be at the very best revenue-neutral. I don\u2019t want to raise revenue through the taxes,\u201d he said. \u201cThe only way I\u2019d raise revenue through taxes is get the economy to grow. You don\u2019t have to raise rates or even close loopholes. The reason we have a lack of revenue in Washington is too much spending and no economic growth,\u201d he told Van Susteren. \u201cIf the economy were growing at 4 percent right now, we\u2019d have plenty of revenue.\u201d Raising taxes is not the way to promote economic growth, he said. \u201cThat\u2019s what they want to do now, and I think it\u2019s absolutely the wrong thing to do.\u201d<\/p>\n

Full article: http:\/\/thenewamerica \u2026 bt-bag-for-christmas<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In what might loosely be described as the \u201cspirit of the season,\u201d the Congress of the United States will likely put together a huge grab bag \u201cwith a lot of stuff in it,\u201d including tax- and debt-ceiling increases, and drop it down the nation\u2019s chimney before adjourning for its Christmas recess, Sen. Rand Paul (R-Ky.) predicted Monday. \u201cI think there will be something really big, some enormous, ugly bill with a lot of stuff in it, including raising the debt ceiling by a couple trillion dollars. They\u2019ll squish it into one bill. And sometime before Christmas, they\u2019ll pass it,\u201d Paul said in an interview with Greta Van Susteren on Fox News Monday night. But they\u2019ll pass it over his opposition, said Paul, a favorite of Tea Party activists and a potential contender for the GOP presidential nomination in 2016. \u201cI made a pledge to the people of Kentucky that I\u2019m not raising taxes,\u201d said Paul, an ophthalmologist who became Kentucky\u2019s junior senator by winning an open seat in 2010 in his first political campaign. \u201cI took a pledge. I signed a statement, an oath that I wouldn\u2019t raise taxes, and I\u2019m going adhere to it,\u201d he said in apparent reference […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[551,560,1425],"class_list":["post-1165","post","type-post","status-publish","format-standard","hentry","category-news-and-politics","tag-debt","tag-deficit","tag-rand-paul"],"_links":{"self":[{"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=1165"}],"version-history":[{"count":0,"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/1165\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=1165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=1165"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.megalextoria.com\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=1165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}