November 2nd, 2010
10:47 AM ET
12 years ago

Paul: Balanced budget is first priority

(CNN) - Kentucky Republican Senate candidate Rand Paul said Tuesday that the first thing he would do if elected is introduce a balanced budget amendment, but said he would be willing to compromise on what gets cut.

"Both sides [have] shown themselves to be untrustworthy. What we need to do is balance the budget and I don't think they'll step up and do it unless we force them to do it by law," Paul said during an interview on CNN's American Morning.

The Tea Party-backed candidate has pledged throughout his campaign to fight for smaller government, but told CNN's John Roberts that he is willing to work with Democrats on what programs should be downsized in order to achieve a balanced budget.

"The compromise between Republicans and Democrats, conservatives and liberals, has to be that conservatives have always said we'll cut domestic spending and won't touch military spending. Some liberals that believe the deficit is a problem says we'll cut military spending but not domestic spending," Paul said.

"I do believe national defense is the most important thing the federal government does, but I do think there's waste in the military budget and I'll be one of those to reach across the aisle to the Democrats and say, we will tackle waste throughout the length and breadth of the budget, but I think that's the only compromise that would find enough money to balance the budget."

The latest CNN/Time/Opinion Research Corporation poll of likely voters showed Paul with a seven-point advantage over his opponent, Democrat Jack Conway. Among registered voters, the contest is tighter– Paul holds only a two-point advantage.The survey's sampling error is plus or minus 3.5 percentage points for likely voters and 2.5 percentage points for registered voters.

Filed under: 2010 • American Morning • issues • Rand Paul
soundoff (41 Responses)
  1. katiec

    Voters in Kentucky. Please do not elect this irresponsible, radical, incompetent candidate in office.
    Please do not make a farce of our political system.

    November 2, 2010 11:47 am at 11:47 am |
  2. Ed, Santa Fe, NM

    This guy is a total idiot.... balance this!

    November 2, 2010 11:49 am at 11:49 am |
  3. Pretzel Logic

    Bwahahaha! Good luck with that Rand! If, and I mean if, you are elected you are going to toe the GOP line all the way. You don't actually think they set up the Tea Bagger movement to take orders from them did you? You will be washing Mitch McConnell's car on Wednesday and that's about it.

    November 2, 2010 11:49 am at 11:49 am |
  4. PalmReader

    I was really hopeful that I might be able to tolerate this man. Here we are on election day and he is as obnoxious as ever. It's about JOBS, Rand Paul. Got that? JOBS.

    November 2, 2010 11:50 am at 11:50 am |
  5. ATL Guy

    Easier said than done. The President must insist that any bills introduced into the next Congress be deficit neutral. The Republicans should not be able to add one dime to the deficit. This way he'll neuter them and make them look like idiots for their rigid no spending stance. Insist that every single bill be deficit neutral or have accompanying cuts. Then leave them swinging out there for the world to see what their priorities are.

    November 2, 2010 11:52 am at 11:52 am |
  6. Dar

    KY is in so much trouble, Both of their candidates need their heads balanced.

    November 2, 2010 11:54 am at 11:54 am |
  7. Dt

    Damn now paul sounds like he got some since. work with your coworkers to get things. paul better be careful those TPers will be calling him a RINO, lol.

    November 2, 2010 12:11 pm at 12:11 pm |
  8. Dave

    I may not trust Democrats much or Republicans at all, but I'd NEVER trust Rand Paul. Rand Paul is the last thing the middle class needs... he's geared completely to putting this country under corporate ownership. And he has a head full of theories that have already been proven to to work. Just because I might want an alternative to what we have, it doesn't mean I'd ever vote for this terrible candidate. I may not welcome a choice between turnips and spinach for dinner, but that doesn't mean it'd make sense to eat sewage instead.

    November 2, 2010 12:14 pm at 12:14 pm |
  9. once upon a horse

    the GOP has already said that they are NOT going to work with the Democrats nor compromise so I guess it's either their way or NO way. So GOOD LUCK trying to balance a budget like that Rand.

    November 2, 2010 01:17 pm at 1:17 pm |
  10. T'SAH from Virginia


    There will be NO COMPROMISING – REPEAL Everything EXCEPT DADT – KEEP tax cuts for the RICH – NO Cooperation WHATSOEVER – Impeach President Obama – PROVE he is a citizen – ETC.

    Here's the OTHER SIDE:
    Let’s Compromise and Create JOBS (HELL NO YOU WON’T) – Let’s make the Health Care WORK and Repeal DADT (HELL NO YOU WON’T) – End TAX CUTS for Americans making less than $250,000 a year (HELL NO YOU WON’T) – Let’s cooperate and expand Financial Reform (HELL NO YOU WON’T) – President Obama is on the right track to move America Forward (HELL NO HE AIN’T) ……. In other WORDS – Where is the “COMPROMISING”???? That is DEAD and it died when President Obama was inaugurated!!!

    WE SHALL SEE – really looking forward to it so it can be RUBBED in a lot of PUNDITS and PEOPLE faces!!!

    This is T’SAH and I approve this message – GET OUT AND VOTE!!

    November 2, 2010 01:17 pm at 1:17 pm |
  11. mitch

    Its always funny to hear the republicans talk of balancing a budget. The closest they got was the Gramm Hollings Rudman act which George Bush made sure they did away with. Last time there was a balanced budget by a Republican President was 1956-1957 with Eisenhower yet Democratic Presidents have done it it three times since then with Johnson and twice with Clinton. Seems to be ok to run deficits like Reagan and both Bush's did but when they leave a mess there is obviously not as much money coming in with the down economy and we have to jump start the economy once again like Clinton had to in 1992. Wish the party that preaches fiscal conservatism would actually do it for once.

    November 2, 2010 01:30 pm at 1:30 pm |
  12. Fair is Fair

    "Name one country whose affairs we haven't poked our noses into in the last hundred years."

    Lesotho. Have a nice day!

    November 2, 2010 01:36 pm at 1:36 pm |
  13. Ron

    Get to the polls and be assured of one will live with your decision for TWO YRS AT LEAST!

    November 2, 2010 01:52 pm at 1:52 pm |
  14. anagram_kid

    And what will he cut? I guarantee it won’t be military spending. How long until the largest employer in the US is the various branches of our military? What version of Capitalism is that?

    November 2, 2010 01:56 pm at 1:56 pm |
  15. Observer

    Rand Paul is not like 95% of the other Republicans, he will actually try to do this and force lower spending. I don't know if any of the big government Republicans will listen to him.

    I can't believe how many people on here actually believe that more deficit spending is a good thing. The federal government budget for 2010 was $3.9 trillion while only collecting $2.2 trillion in taxes. That is not sustainable. A continuation of deficit spending and ongoing credit expansion will only cause more inflation and make this recession last longer. If the government had been following a balanced budget the whole time, and the Federal Reserve would have curtailed the credit boom with higher interest rates, this recession would have been easy to correct.

    Most of the United States debt is not owned by other countries but instead it is just printed out of thin air. When you put an extra $10 trillion dollars in circulation the dollars that you currently have are worth a lot less. While the average income has barely risen over the past 15 years prices have continously been going up. This has to change.

    November 2, 2010 02:24 pm at 2:24 pm |
  16. Reed Forrester

    Nobody lives within their means. Businesses have enormous lines of credit to help them manage their day to day operations. Even stocks are just another form of debt. Could a business ever start without investors? Yes, that's just another form of debt. And how many people cold purchase a house or even a car without financing? Does Paul think everyone should cut up their credit cards? So the government has to be the only organization that operates without debt?

    Now if he was saying that our elected officials had to operate without owing favors to major contributors, that's one form of debt the government should definitely outlaw, but somehow I doubt that's what he has in mind.

    November 2, 2010 02:25 pm at 2:25 pm |
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