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Rand Paul offers his own budget plan that will balance it in just five years

Committee member Sen. Rand Paul, R-Ky., listens to testimony on Capitol Hill in Washington, Tuesday, Sept. 27, 2016, before the Homeland Security and Governmental Affairs Committee hearing on on terror threats. (AP Photo/Pablo Martinez Monsivais)

Earlier this month, Kentucky Senator Rand Paul took to the floor to give a blistering message about the Republican's latest budget plan that wouldn't balance, but would in fact add nearly $10 trillion to our already mounting debt.

The 20 minute presentation he gave detailed how Republicans put forth the budget, not as a budget, but as the "vehicle to repeal Obamacare." Paul was not having this, and with some visual aids, showed his fellow Republicans the mistake they were making.

The speech itself was popular, especially among libertarian and conservative groups, but few people have time to watch a 20 minute speech. So Paul decided to make a shorter, more concise version in a new YouTube video. During it, he highlights the important points of his 20 minute speech, including the fact that he's willing to scrap the budget that will ad $9.7 trillion to our debt, and offer one that will actually work.

"We are in such a hurry to repeal Obamacare," says Paul. "Look, I'm all for it. As a physician, nobody thinks that Obamacare has been worse for the country. Nobody thinks it's a worse piece of legislation than I do. And yet, do we have to add nearly $10 trillion in debt to get at it.

“So as this moves forward, I will offer a replacement,” said Paul. “I will offer my own budget. I will offer to strike and remove $10 trillion worth of debt, and I will offer my own budget that balances within five years.”

Paul's plan to balance the budget is simple, and all he plans to do is freeze spending on the budget. He says doing so will cause the budget to balance itself out in just over five years.

Paul has stated in the past that he will not vote for a budget that does not balance out.

One last thing…
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