Thursday, February 14, 2013
Rand Paul: Sequester Doesn't Cut Anything, Just Slows Spending Increases
"I think the sequester has to go through," Paul, R-Ky., told WTOP Thursday morning. "People need to realize the sequester is not really a cut in spending. It's a cut in the rate of growth of spending."
He adds that a new proposal by Senate Democrats to avoid sequestration with a mix of spending cuts and new tax revenue is a bad idea.
"Another dumb idea," said Paul, who on Tuesday delivered the tea party response to President Barack Obama's State of the Union address. "They just raised taxes three months ago. Did they not get enough of a fix then? We've got to cut spending.
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