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Issue Position: Spending and Debt

Issue Position

By: Rand Paul
By: Rand Paul
Date: Jan. 1, 2015
Issues: Government Budget and Spending Federal, State and Local Relations

As I travel across the country and speak to my constituents, I have found that their top concern is our national debt.

We are currently spending roughly $7 million per minute and this reckless habit has gone on for way too long. We currently face a debt of over $18 trillion. This is unsustainable. The fiscal crisis that faces our nation must be taken seriously and immediately addressed.

As President of the United States, I will work to balance our budget and only spend what comes in. We must cut spending in all areas, particularly areas that are better run by state and local governments.

In 46 states across the nation, a Balanced Budget Amendment (BBA) has been enacted in their state constitutions. I have long been a proponent of adopting the same principle for the Federal Government. As President, I will work to authorize common sense solutions that will solve our nation's fiscal crisis.


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