Sen. Rand Paul (R-KY) isn’t impressed with the spending cuts offered up on either side of the aisle:
We had an election, and in the election, the people said we’re concerned about out-of-control spending, we’re concerned about massive deficits, we’re concerned about passing this debt on to our kids and our grandkids.
The president recently proposed a 10-year budget, a 10-year plan for spending. He proposes that we spend $46 trillion. That means they aren’t getting it.
You have — in Washington, official Washington is not getting what the people are saying, and they’re not getting how profound the problems are.
Spending $46 trillion?
The president’s plan will add $13 trillion to the debt, and the Republicans say ‘oh, well ours is a lot better.’ Theirs will add $12 trillion to the debt.
Paul charges that the Democrats want to cut only $5 billion to $6 billion for the rest of the year. “To put that in perspective,” he says, “we borrow $4 billion a day.”