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Deficit Fraud Rand Paul On Extending Bush’s Tax Cuts: ‘I’m Not Seeing It As

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 10:02 AM
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Deficit Fraud Rand Paul On Extending Bush’s Tax Cuts: ‘I’m Not Seeing It As
Deficit Fraud Rand Paul On Extending Bush’s Tax Cuts: ‘I’m Not Seeing It As A Cost’

Last month, a spokesman for Kentucky Republican Senate nominee Rand Paul said that, if elected, Paul “will vote against and filibuster any unbalanced budget proposal in the Senate.” Not only can the budget not be filibustered, but Paul is going to make balancing the budget exceedingly difficult, as he is willing to extend all of the Bush tax cuts — including those for the richest two percent of Americans — without offsetting them with spending cuts or tax increases elsewhere, for a total cost of nearly $4 trillion.

This morning, on Fox News Sunday, Paul said that his focus in the Senate would be reducing the “mountains and mountains of debt.” But when asked to square that with his desire to spend trillions of dollars on tax cuts, he replied that, when it comes to extending Bush’s tax cuts, “I’m not seeing it as a cost to government”:

Q: You said at the very beginning, the first issue you mention was the national debt. If you’re so concerned about the national debt, how are you going to pay for a $4 trillion loss of revenue from the tax cuts.

PAUL: I think, first of all you look at whose money it is. It’s the people’s money, who earned the money; we give up some to pay taxes, so I’m not seeing it as a cost to government.

Watch it: http://thinkprogress.org/2010/10/03/paul-deficit-peacock/

Paul later promised to “introduce legislation that will reduce spending,” but when Fox News’ Chris Wallace noted “there’s no way you’re going to get $4 trillion by spending cuts,” Paul simply reiterated that he would cut spending without laying out any specifics.

Of course, Paul is far from alone in this line of thinking, joining, among others, Senate Majority Leader Mitch McConnell (R-KY). “What are you talking about, paid for?” McConnell has asked. “You’re talking about current tax policy. Why did it all of a sudden become something that we, quote, ‘pay for’?”

And since Paul agrees with McConnell that tax cuts are either free or worth busting the budget to enact, maybe he also agrees with McConnell’s pronouncement that cutting taxes for the rich is deficit spending which Republicans wholeheartedly support?
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 10:08 AM
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1. Remember they only just started starving the beast.
there's plenty more they can extort from the lower classes.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 10:10 AM
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2. well randy, interpretation of laws will be your job, back to school
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 12:14 PM
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3. So tax cuts for the rich are a cost to the government because
it is their money. Well taxes are every bodys money but you have to pay taxes to have government. And what in the hell is social security. A person earns money for one year and Paul wants to cut taxes on that. People paid in social security for 50 YEARS and that is people's money. I guess to be a republican candidate you have to have no brains at all. This guy can't make sense about anything.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 12:15 PM
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4. randy, ignorance is not a virtue
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TomCADem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 12:17 PM
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5. There Is No Way To Keep Bush Tax Cuts, Balance The Budget, And Not Make Major Cuts...
...to Medicare, Social Security and Military Spending, and military spending is off the table for Tea Partiers like Rand Paul.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 12:19 PM
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6. This type of thinking simply amazes me...
They think "taxes" are not a part of government. As somehow, they can spend whatever they want and not pay any taxes?? You cannot have Social Security, a strong defense, or anything, without the taxes to pay for it. Taxes cannot be exempted if you want government.
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JohnnyLib2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-03-10 12:29 PM
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7. A report from the Lexington, KY newspaper today:
http://bluegrasspolitics.bloginky.com/2010/10/03/jack-conway-rand-paul-debate-key-issues-on-national-tv/


In the 10+ minutes I was able to watch, Conway seemed to be speaking more directly to non-Tea Party Kentuckians.
Paul floundered a bit when pushed by the moderator.

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