Tags: paul | fiscal | cliff | economy

Ron Paul: We’re Already Over the Fiscal Cliff

Thursday, 08 Nov 2012 04:46 PM

By Michelle Lopata

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Retiring Congressman Ron Paul told Bloomberg TV Thursday that America has already fallen off the fiscal cliff and blames government benefits for President Barack Obama’s re-election.

Paul told Bloomberg TV that in a pure democracy, “the majority dictates against the minority. So right now, the majority are receiving a check,” and those receiving government benefits do not want them to stop coming.



“You can’t have a budgetary solution if you don’t change what the role of government should be,” Paul said.

When asked about the impending fiscal cliff, the congressman said that we have already fallen off and the future does not look any better.

“We’re so far-gone. We’re over the cliff,” Paul said.

“We cannot get enough people in Congress in the next five to 10 years who will do the wise things.”

“People want the truth,” Paul said. “The truth is we’re broke.”

Alert: Do you support Obamacare? Tell us what you think. Click Here

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Report: US Allowed Arming of Al-Qaida Militants in Benghazi

Wednesday, 23 Apr 2014 11:06 AM

The U.S. government was complicit in arming al-Qaida militants in Libya, according to the Citizens Commission on Benghaz . . .

Cantor Angers Conservatives Seeking Boehner's Replacement

Wednesday, 23 Apr 2014 10:31 AM

House Majority Leader Eric Cantor is getting a failing grade from the conservative caucus in Congress while positioning  . . .

RNC Calls Harry Reid Hypocritical, Habitual Liar

Wednesday, 23 Apr 2014 10:15 AM

Senate Majority Leader Harry Reid has been accused by the Republican National Committee in a no-holds-barred memo of bei . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved