Two 2012 Hopefuls Among 9 Republicans Voting No on Cut, Cap, and Balance | CNSnews.com:
"(CNSNews.com) - Some of the 9 Republicans joining 181 Democrats in voting against the 'Cut, Cap and Balance' bill Tuesday said the legislation didn't go far enough. Those nine include 2012 Republican presidential hopefuls Michele Bachmann (Minn.) and Ron Paul (Texas) ... the bill ultimately passed 234-190....
"Rep. Ron Paul said he voted against the bill because it only serves to sanction the status quo by putting forth a $1 trillion budget deficit.... Paul said it's 'impossible' to eventually balance the budget without cutting military spending, Social Security or Medicare.
"'These three budget items already cost nearly $1 trillion apiece annually,' he noted. 'This means we can cut every other area of federal spending to zero and still have a $3 trillion budget. Since annual federal tax revenues almost certainly will not exceed $2.5 trillion for several years, this Act cannot balance the budget under any plausible scenario," Paul said."
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