(CNSNews.com) – Sen. Rand Paul (R-Ky.) said Tuesday that “common sense” is what is missing from Washington – not bipartisanship.
“Bipartisanship is not what is missing in Washington. Common sense is,” he said, giving the Tea Party response to President Barack Obama’s State of the Union speech.
“It is often said that there is not enough bipartisanship up here. That is not true. In fact, there is plenty. Both parties have been guilty of spending too much, of protecting their sacred cows, of backroom deals in which everyone up here wins, but every taxpayer loses,” he said.
Paul called for “a new bipartisan consensus” – where “Democrats admit that not every dollar spent on domestic programs is sacred” and “Republicans realize that military spending is not immune to waste and fraud.”
Paul called on Congress to pass the Balanced Budget Amendment to the Constitution, which would include “strict tax and spending limitations.”
He endorsed the Penny Plan, which calls for one penny of every dollar that the government currently spends to be cut, which Paul said would balance the budget in six or seven years.
“The Penny Plan has been crafted into a bill that millions of conservatives across the country support,” he said.
The Penny Plan, originally called the “One Percent Spending Reduction Act of 2011,” was proposed by Rep. Connie Mack (R-Fla.) in 2011 and was designed to cut mandatory and discretionary spending by one percent each year for six consecutive fiscal years.
Paul called for spending cuts that could begin with an end to “all foreign aid to countries that are burning our flag and chanting death to America.”
“The president could begin by stopping the F-16s and Abrams tanks being given to the radical Islamic government of Egypt,” Paul said.
“Not only should the sequester stand, many pundits say the sequester really needs to be at least $4 trillion to avoid another downgrade of America’s credit rating,” he said.
Everyone is hurt by “trillion-dollar deficits,” Paul said. “Printing more money to feed the never-ending appetite for spending hurts us all. We pay higher prices every time we go to the supermarket or the gas pump. The value of the dollar shrinks with each new day.
“Contrary to what the president claims, big government and debt are not a friend to the poor and the elderly. Big-government debt keeps the poor poor and saps the savings of the elderly. This massive expansion of the debt destroys savings and steals the value of your wages,” Paul added.
“Big government makes it more expensive to put food on the table. Big government is not your friend. The president offers you free stuff but his policies keep you poor,” he said.
The only “proven” stimulus, Paul said, “is leaving more money in the hands of those who earned it.”
“For those who are struggling, we want to you to have something infinitely more valuable than a free phone, we want you to have a job and pathway to success,” Paul added.
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