Sen. Rand Paul on debt deal – there are no cuts

July 21, 2011 05:00


“The whole terminology of saying there are going to be cuts is absolutely false. Its cuts against a baseline. The baseline is going up $9 trillion dollars in debt over the next ten years. If they cut $3 trillion that means they are still going to add $6 trillion dollars in debt over the next ten years. … We cannot add $6 trillion dollars more over the next ten years and sustain that kind of debt.” – Sen. Rand Paul    US debt would be 100% of GDP if in ten years if we do that.



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