Saturday, December 15, 2012

Rand Paul calls for cutting entitlement spending instead of raising taxes | Politics and Government | Kentucky.com

Rand Paul calls for cutting entitlement spending instead of raising taxes | Politics and Government | Kentucky.com - John Cheves, Lexington Herald-Leader:

December 14, 2012: "Congress needs 'to cut domestic welfare and entitlement spending' to balance the budget rather than tax the rich more, U.S. Sen. Rand Paul, R-Ky., told a Commerce Lexington luncheon on Friday.

"Instead of raising taxes to avoid the approaching 'fiscal cliff,' the debate should focus on what federal spending to cut and how much, Paul said.

"'We should try to minimize how bad our government is and how much it gets in the way,' he said.

"Unless Congress and President Barack Obama reach a compromise by Dec. 31, there will be an immediate 9.4 percent drop in defense funding and an 8.2 percent reduction in discretionary domestic programs, sparing most entitlements'.

Read more: http://www.kentucky.com/2012/12/14/2444082/rand-paul-calls-for-cutting-entitlement.html
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