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  • 2 months ago
Sen. Rand Paul (R-KY) speaks to reporters on Capitol Hill.
Transcript
00:00Senator Paul, do you feel served by your colleagues right now?
00:04You were against raising the debt ceiling and it's been pushed up another trillion dollars.
00:09Do you feel like you're being heard or listened to?
00:11I think the American people are listening.
00:14I think that conservatives across the country are very worried about expanding the credit line to $5 trillion.
00:21Congress has shown an irresponsibility.
00:24They're not good with money.
00:25We shouldn't give them an expansive credit line.
00:27If we give them anything, it should be small and incremental.
00:30My proposal is that we would expand the credit line for three months and check and see how they're behaving.
00:36Are they spending the money more wisely?
00:37Are they conserving the money?
00:39And that's my position.
00:40So I'm not for the bill unless we remove the debt ceiling or unless we do it in small increments.
00:45What do you say to Republicans who say this will not increase the deficit?
00:50The bill?
00:51Yeah.
00:52But the bill is inadequate in the sense that it's not going to turn the tide on the deficit.
00:56We're adding about, like this year, we're supposed to add $2.2 trillion.
01:00Let's say you believed all the cuts, which I don't necessarily believe they'll come into fruition.
01:05But that'd be $150 billion a year.
01:08So that means the deficit this year, instead of being $2.2 trillion, would be $2.05 trillion.
01:12It'd still be an enormous amount of debt.
01:14So none of this is really shifting the accumulation of debt or interest.
01:20And even with that, I could vote for the bill to make the tax cuts permanent.
01:25I think it's good for the economy.
01:27But I can't vote to add $5 trillion.
01:30At the point Republicans vote unanimously or virtually unanimously for the debt ceiling, they own the debt.
01:36They already own the spending.
01:37In March, they used to call them, remember, they called them the Biden spending levels?
01:40They're now the GOP spending levels, minus me.
01:43I didn't vote for them in March.
01:44But the spending levels are now Republican.
01:47The debt ceiling is Republican.
01:49So it's a little hard for Republicans.
01:51You know, they think it'll hurt them in the election to be hardcore.
01:54I think it hurts them in the election to be weak.
01:56Because we roll around at 2026 elections, what are they going to say?
01:59Oh, Democrats, you know, they're for borrow and spend.
02:01That's what we always have said, and it's true.
02:03But now the Republicans will have joined the Democrats in peeing for borrow and spend.
02:08Senator Kinsley, you get the sense that the U.S. is going to attack Iran.
02:13I hope not.
02:14I think the lingering chance for diplomacy comes from restraint.
02:19The president has shown restraint in the past.
02:22The president's instincts are good.
02:24And I'm hoping the president will not get involved with the war.
02:27I think if the United States actively bombs Tehran, the possibility of negotiation goes out.
02:34The president just moments ago posted on...
02:36...

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