5 Ron Paul Quotes on Budget
Ron Paul quotes on budget
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If we can't or won't define the enemy, the cost to fight such a war will be endless. How many American troops are we prepared to lose? How much money are we prepared to spend? How many innocent civilians, in our nation and others, are we willing to see killed? How many American civilians will we jeopardize? How much of our civil liberties are we prepared to give up? How much prosperity will we sacrifice? [...] I support President Bush and voted for the authority and the money to carry out his responsibility to defend this country, but the degree of death and destruction and chances of escalation must be carefully taken into consideration.
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We need to worry about our borders here at home, not worry about the borders around the world, and the border between Syria and Iraq - that doesn't have anything to do with our national security, we have to deal with our own national security. Our military right now is in shambles because we've been stretched too thin. One of these days we're gonna have to wake up, and I'm afraid we won't wake up until we go bankrupt, and we're approaching that time already.
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Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger. [...] We need to understand that the more government spends, the more freedom is lost. Instead of simply debating spending levels, we ought to be debating whether the departments, agencies, and programs funded by the budget should exist at all. My Republican colleagues especially ought to know this. Unfortunately, however, the GOP has decided to abandon principle and pander to the entitlements crowd. But this approach will backfire, because Democrats will always offer to spend even more than Republicans. When Republicans offer to spend $500 billion on Medicare, Democrats will offer $600 billion. Why not? It's all funny money anyway, and it helps them get reelected. [...] The increases in domestic, foreign, and military spending would not be needed if Congress stopped trying to build an empire abroad and a nanny state at home.
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Neil Cavuto: Yeah but, you can't, Congressman, we've got a pretty good economy going here, right? We've got productivity soaring. We've got retail sales that are strong. We've got corporate earnings that for, what, the 19th quarter, are up double digit? We've got a market chasing highs, I mean, this isn't happening in a vacuum, right? Ron Paul: Yeah, that's nice, but when you have to borrow, you know... My personal finances would be very good if I borrowed a million dollars every month. But, someday, the bills will become due. And the bills will come due in this country, and then we'll have to pay for it. We can't afford this war, and we can't afford the entitlement system. Neil Cavuto: Look, Congressman, did you say this 10 years ago, when the numbers were similarly strong... Ron Paul: Go back and check. Neil Cavuto: ...and we were still borrowing a good deal then. Ron Paul: That's right, that means the dollar bubble is much bigger than ever. Neil Cavuto: So what's gonna happen? Ron Paul: We've had the NASDAQ bubble collapse already. We have the housing bubble in the middle of a collapse, so the dollar bubble will collapse as well. We have to live within our means. You can't print money out of the blue, and think you can print your money into prosperity.
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His opposition to what he considers unconstitutional spending even earned the grudging respect of GOP leaders. When Newt Gingrich cracked the whip on party members to support a messy budget compromise, he excused Paul from the duty to support the budget, and the 'Ron Paul exemption' entered the congressional vocabulary. What did it take for other members to earn this privilege to buck the party? A voting record that opposed all unnecessary federal spending, even in their home district. No one else has been granted the exemption.
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