Rand Paul: Balance Federal Budget in 5 Years

Wednesday, 02 Mar 2011 08:50 PM

By Hiram Reisner

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Kentucky Sen. Rand Paul, who voted against the stopgap bill that keeps the federal government operational until March 18, says he did so because Americans don’t want incremental change, but something “substantial and significant.”

Paul Wednesday also told Fox News’ Neal Cavuto the GOP will offer a five-year plan to balance the budget, as well as a balanced-budget amendment, to show Republicans can be bolder than President Barack Obama, who has abdicated leadership on the country’s fiscal crisis.

rand,paul,federal,budget,“I think the American people want a plan, they want us to be for something distinctly different than the Democrats, [who] are just wanting to add debt,” Paul said. “I don’t think they want incremental change, they want something that would really be substantial and significant change.

“We’ve got to be much bolder. We are going to be presenting a five-year plan that will balance the budget over five years,” he said. “We’re going to be presenting a balanced-budget amendment.”

Cavuto asked whether Paul was running into a “little bit of head wind” with his fellow Republicans by voting no on the stopgap measure.

“I think the Republicans want to do the right thing, but I think we have to be more bold,” Paul replied. “Basically the president has abdicated leadership on this issue.

“He’s doing nothing but adding and drowning our country in debt, and Republicans need to stand up and say – not that we are this much better than the president – we believe in a balanced budget,” he continued, saying marginal change is useless and Americans want to hear: “We will balance the budget over five years and here’s how we do it. That’s the boldness the American people want.”

Cavuto noted that marginal change is how Congress operates.

“My fear is that if we do these incremental changes, and we don’t dramatically reform the government process – the budgetary process – that both sides, Republican and Democrat, will lead us towards a fiscal crisis,” Paul said.

“I think we could face something like what happened to Greece, what is facing Japan, and what is facing most of the civilized world now – is that we are way overspent, and it’s going to take dramatic changes, it’s going to take bold leadership, and I don’t think we are seeing that,” he said.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Cambodia HIV Outbreak: 100-Plus People Diagnosed; Investigation Sought

Friday, 19 Dec 2014 18:50 PM

More than 100 HIV infections in a single Cambodian village have spurred the country's prime minister to ask for an inves . . .

Slender Man Case: Two Girls Competent to Stand Trial in Stabbing

Friday, 19 Dec 2014 18:26 PM

Two girls who allegedly stabbed a 12-year-old friend over the online game Slender Man are competent to stand trial for a . . .

Kate Upton Sexiest Woman Alive; Model Apologizes to Teen Brother

Friday, 19 Dec 2014 17:52 PM

Model Kate Upton was selected as People magazine's first Sexiest Woman Alive, a month after Chris Hemsworth received the . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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