Rand Paul Responds After Republicans Join Democrats To Sink His Fiscally Responsible ‘Pennies Plan’

Republican Senator Rand Paul wants to know if fiscal conservatism has passed and if lawmakers still worry about the country’s debt crisis.

The Kentucky Republican told Fox News on Tuesday that his Republican colleagues uncharacteristically sided with Democrats to vote down his “Pennies Plan,” a budget proposal which aims to reduce federal government spending by 1 to 2 percent each year.

Ahead of the plan, Paul said: “A balanced federal budget isn’t a pie-in-the-sky dream or empty rhetoric. Once again, I am introducing a concrete plan that is achievable and allows Congress maximum flexibility to prioritize spending. It leads the way toward fiscal responsibility, an even stronger economy, and a future full of opportunity for the American people.”

And, via his website:

As spending and debt continue to skyrocket, Dr. Paul’s budget simply states that for every on-budget dollar the federal government spent in Fiscal Year 2019, it spend two pennies fewer a year (a cut of two percent per year) for the next five years (at which point balance is reached), with spending then growing at two percent for five years afterward.

Dr. Paul’s budget reforms Congress’ reconciliation and budget processes – all without making any changes to Social Security – and includes instructions that would help pave the way for making the middle-class tax cuts permanent and further expanding access to Health Savings Accounts (HSAs).

According to the IJR, the Senate voted 22 to 69 against Paul’s proposal, causing him to call out his Republican colleagues.

IJR reports:

During an interview with “Fox & Friends” Tuesday morning, Paul — the junior senator from Kentucky serving since 2011 — was asked by host Steve Doocy how his proposed budget plan would work.

He went on to say that “almost everybody” that he spoke to about the proposal — “even liberal government advocacy groups” coming to Washington to ask for funds — were okay with the proposed budget cut unless the person is an “elected official in Washington.”

Paul continued on to call out the “hypocrisy” plaguing Washington, saying he understood that “not one” Democrat would be for cutting spending or “reducing the debt” before blasting the “big government” Republicans that make up “over half” of the party for choosing to vote for the balanced budget amendment while shying away from his proposal which would accomplish the amendment’s goal of balancing the budget “in five years.”

Paul continued: “There [is] a lot of hypocrisy here in Washington. We understand that no Democrats are for reducing spending up here or for reducing the debt; not one. That’s a consistent theme. But the surprising thing to many people is over half the Republicans — I call them the ‘big government Republicans’ — aren’t for cutting spending either.”

“So there really is a problem and a disconnect between these people who go home and beat their chest and say how conservative they are, and how they’re for the balanced budget,” he added. “They all vote for the balanced budget amendment, which says you have to balance the budget in five years. Well, that’s what my budget does and none of them voted for it.”

“So there is a problem,” Paul concluded.

Read Paul’s proposal below:S

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