Sen.-elect on tax deal: I'm leaning against it
December 8th, 2010
04:59 PM ET
4 years ago

Sen.-elect on tax deal: I'm leaning against it

Washington (CNN) - Kentucky's Senator-elect Rand Paul says that if he were already in Congress he would lean against voting for the recently announced tax deal.

In an interview airing on CNN's "The Situation Room with Wolf Blitzer" Wednesday at 6 p.m ET, Paul expresses strong opinions about the deficit, spending, and the tax deal proposed by President Barack Obama.

 

"The most important thing government can do right now for the economy is to extend the Bush tax cuts. I would be for extending them permanently...If you're going to extend and add new tax cuts, you should couple them with cuts in spending. Instead, we're coupling them with increases in spending and I think that's the wrong thing to do.

"So I'd be leaning against voting for it."

Paul characterizes President Obama's compromise with Republicans by comparing him to Bill Clinton, saying "I think the president will turn out to be someone who may, you know, take bill Clinton as his model." He expects that Obama will be "fairly pragmatic" with the Republican majority that takes effect in January.

Paul also believes that a divided government works better, and hopes this will benefit a proposal that he plans to bring to the floor of Congress when he arrives, stating "But when I get there, I'm going to propose a bill that will have $500 billion worth of spending cuts, because you have to start doing it.

On his state-of-mind leading up to the day he'll begin his term in January 2011 as the new senator from Kentucky, Paul says "…What's great about never having held office before is that I'm new enough to think that we can change the world. And I'm not going to accept them simply saying, oh, it's never been done that way and it can't be done."

Rand Paul was elected to the Senate in November of 2010. The Tea Party favorite will replace Republican Sen. Jim Bunning who elected not to seek a third term and retired.


Filed under: Rand Paul • Taxes
soundoff (24 Responses)
  1. June

    I firmly belive that some of the people in Washington say stupid, outrageous stuff just to get their mugs in front of a camera and to hear themselves talk.

    You folks in Kentucky sure picked a winner!

    December 8, 2010 05:06 pm at 5:06 pm |
  2. seebofubar

    Love this guy....he will be a great addition to congress. TEA PARTY FOREVER !!!

    December 8, 2010 05:10 pm at 5:10 pm |
  3. Danny Cali

    Your Republican just want to Hostage Americans people with the "TAX CUT", look you going to lose your seat next time Mr. Paul.

    December 8, 2010 05:11 pm at 5:11 pm |
  4. Rick in Phx

    Listening to the Dems, we all just may have a chance to see where Mr. Paul stands on Tax cuts because, this bill looks like it's not gonna pass.

    December 8, 2010 05:11 pm at 5:11 pm |
  5. kyle

    8 million jobs lost to go overseas during the Bush tax cuts, they don't work.

    December 8, 2010 05:13 pm at 5:13 pm |
  6. Dave

    What is the unemployment rate in Kentucky? How about every one of them show up at all of his Kentucky offices and stay there. Somebody needs to show this clown exactly who he works for (and it's not the tea party).

    Mark my words, a year from now the voters in Kentucky will be demanding a recall election on this idiot.

    December 8, 2010 05:13 pm at 5:13 pm |
  7. Four and The Door

    ...If you're going to extend and add new tax cuts, you should couple them with cuts in spending. Instead, we're coupling them with increases in spending and I think that's the wrong thing to do.
    ________________________________________________________________________________________________
    Well stated. Thank you, Kentucky for sending someone to Washington who seems to understand what a huge problem our politicians ( Democrats and Republicans alike ) have created for America. His influence can only be positive.

    December 8, 2010 05:14 pm at 5:14 pm |
  8. Jim

    Permanently? At folks who advocate permanency insane? Things change. You-know-what happens and people must be flexible enough to deal with change(s). Permanency admits ignorance and foolishness about the way economies and humans function. But I guess that may well describe the Republican and Tea Party folks.

    December 8, 2010 05:18 pm at 5:18 pm |
  9. ufadoof

    Let's see how Kentucky handles no pork projects, i.e., no federal welfare. That is, if Paul does what he say's he is going to do, which he won't.

    December 8, 2010 05:19 pm at 5:19 pm |
  10. Ramey

    Just think without Obama and the major swing to the left from Reid and Pelosi there is no way this guy would have been elected. There are some good things that have happened from the incompetent left the last two years and this is one of them. Even Jack Welch agrees on divided government – too far left or right never works out well for the country.

    December 8, 2010 05:20 pm at 5:20 pm |
  11. Rickster

    What an unbelievable spectacle Little Barry put on at his news conference. Man, if that wasn't a pouty little junior high schooler whining about not getting his way, I don't know what it was. This guy is truly an embarrassment to the nation.....what a rank amateur.

    December 8, 2010 05:24 pm at 5:24 pm |
  12. Name king

    Spending cuts for the economy will be disastrous. The economy runs off of psychology, people quinge when they here spending cuts, especially coming from the repugs, and don't let it be a tea bagged. They know the repugs are going to target the poor and middle class, those are the spenders in the economy. Those cuts will devastate small business, when the repugs start cutting their demand money, sending the economy into devastation, when business goes out of business because of the lack of customers, those who survive have to lay off even more people just to stay alive. Further more this talk about cutting every thing, will get the people on edge, so they'll start saving their money for a rainy day, starving demand and sending businesses reeling for customers. This will create even bigger deficits because the government have to through in even more stimulus to stir off another depression.

    December 8, 2010 05:25 pm at 5:25 pm |
  13. Me

    It's one of the smartest things I've heard him say...EVER

    December 8, 2010 05:25 pm at 5:25 pm |
  14. kyle

    The reason most cities and states can't operate is because the middle class tax paying jobs left the country, in exchange for making a few people millionaires and billionaires.

    December 8, 2010 05:44 pm at 5:44 pm |
  15. Four and The Door

    kyle
    8 million jobs lost to go overseas during the Bush tax cuts, they don't work.
    _____________________________________________________________
    When our dollar has devalued enough against other currencies your jobs will be back. But you will be working for Chinese and Indian companies. I guess that the Democratic plan?!?

    December 8, 2010 05:47 pm at 5:47 pm |
  16. boodroo

    What a smarmy little man. Don't like his dad and this apple fell right by the tree. They will regret electing him.

    December 8, 2010 05:55 pm at 5:55 pm |
  17. GaryB

    Funny. Rand Paul want to make $500Billion in cuts, but we could have accomplished more than that by just discontinuing the special tax cuts for the rich portion of the Bush tax cuts. Apparently, making the rich richer (at the expense of the rest of us and our children) is goal number one for the tea party and today's GOP.

    December 8, 2010 06:03 pm at 6:03 pm |
  18. Ronnie Rayz

    The concentration of wealth is certain, well documented and growing, the top 2% possess 30% of the money, the top 2.5% earn 35% of the money, this is the $500k-$1M+ a year plus crowd, not $250k. This is the largest separation of wealth since the great depression of the 1920's. Rand claims they create jobs, no they create wealth, their own; Bush eliminated taxes on dividends, cut capital gains & the tax rate, see theCongressional Budget Office, the burden & % paid buy the middle class has risen significantly since 2000, it IS class warfare, but the GOP throws it @ the democrats like it only their game, wrong......the country is in a mess, yes spending needs to be cut, but you cannot keep cutting taxes forever – which is the GOP goal, and all the Archie Bunker types who always go GOP will find out in the end that they are the victims of the GOP welfare for the rich, but hey, they need another yacht. Rand will likely also seek a repeal of the new credit card rules, so more folks will not get notice or info. on what their cards really cost- helpind gthe po' banks & investment firms, that line the GOP coffers along with Insurance CO's who are the true skum of the Earth......

    December 8, 2010 06:11 pm at 6:11 pm |
  19. carlos

    this mophead cannot think correctly, must be the mop on top of his brain absent head.

    December 8, 2010 06:21 pm at 6:21 pm |
  20. BestProfitBusiness = WAR

    When our dollar has devalued enough against other currencies your jobs will be back. But you will be working for Chinese and Indian companies. I guess that the Democratic plan?!?

    Hello! It is the tea baggers who don't want to increase the debt limit. If they don't then the dollar will default. So they will be the ones making the dollar devalued faster. But I agree, if it wasn't for Bill Clinton and NAFTA we would have still have many high paying jobs.

    December 8, 2010 06:27 pm at 6:27 pm |
  21. bill

    Where is the detail of the proposed sepending cuts. How much in cuts to tobacco subsidies and other billions paid out to corporate "farms" like ADM and Cargill? How about the big 3; defense, social security and medicare? Anyone who follows this at all knows that you don't do much if you don't curtail those 3 significantly over time. I agree that we need to start working on the deficits and if he actually has the courage to propose something realistic that would be a start.
    I don't understand how the Repubs get away with talking out of both sides af their mouths on deficits. They say they are so concerned about it and that help for the working class such as extended unemployment benefits "should be paid for". But when they talk about extending tax cuts for the very wealthiest Americans there is no concern at all about how to "pay for" those hundreds of billions of dollars. It is OK to print ten times more money for tax cuts for the wealthy than to support the American working middle class through this recession. Money for the wealthy apparently grows on trees, while money for Americans who would like to be working but can't find a job "must be paid for".

    December 8, 2010 06:43 pm at 6:43 pm |
  22. Glenn from Cary

    Actually, Rand, when you "get there" you will do what you are told to do or you will be ignored. You ran as a Republican, remember? You don't work for yourself or even for the people of Kentucky. You work for Rupert Murdoch, the Koch brothers and the international oil cartels. Didn't you get the memo?

    December 8, 2010 06:59 pm at 6:59 pm |
  23. DAVE

    finally someone with some brains. if we are going to spend $9 trillion dollars we would be better off with targeted federal spending. even if i didn't like the bail out its starting to show profits for the american tax payers. general motors was forced to become just a car company again instead of being a banker car company. its working and will give profit to the american tax payer as well. our new future goal for this country should be new sources of energy. we should find companies in this country with the brains and know how who does not have the big money to make this very big goal a reality. invest tax payer dollars into the stock of these companies and grow the tax payers money instead of just spending it. if we had done this with social sucurity mony with alot of control we would not have a problem with enough money for retired person. its a hard thing for people to depend on 401k investments because the market might be down in the years you want to retire. if it is a very large fund invested by the goverment it can handle the ups and downs of the market. we need our goverment to be a capital invester in our future instead of just a spender. this tax cut will be a big boom for chinas in trade and investment into countries like them by the rich.

    December 8, 2010 07:56 pm at 7:56 pm |
  24. Jack

    "I'm leaning against it." Now there's a decisive man for you. "I'm leaning this way but I might lean the other way."

    December 8, 2010 08:00 pm at 8:00 pm |