PAUL: Sequestration doesn’t cut nearly enough

But it could be a good start

Second: What the president is forgetting to tell you concerns the enormous growth of the federal budget under his watch, which increased by 25 percent, or nearly $750 billion annually, during his first term. This administration has accumulated nearly $6 trillion in new debt, and we continue to spend a trillion dollars per year that we do not have. Yet, Mr. Obama still wants to stop the relatively minuscule spending cuts envisioned for this week.

This is not sustainable. Over the next 10 years, we will spend $47 trillion, yet the president would have us believe that spending a little less than $46 trillion instead will somehow ruin the country.

The exact opposite is true. If we do not stand up now and show we have the ability to cut this small amount from federal spending, we may not survive much longer as a prosperous nation. In order to balance our budget, we would need to cut many times the amount of the sequester. If we are serious about addressing our debt crisis, sequestration is only the beginning. We need much larger cuts. We also need them sooner rather than later.

If we allow those who shriek at even minor spending cuts to have their way this week, it will show we are not yet serious about fixing our fiscal problems. Sequestration is inevitable; rather than crying wolf and scaring the American people into submission by threatening their jobs, our nation’s leaders should be coming up with solutions. I have already offered a series of proposals that cut wasteful spending without laying off workers. One way or the other, though, these cuts must happen.

Sen. Rand Paul, Kentucky Republican, is a member of the Senate Foreign Relations and Homeland Security committees.

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