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.

© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.

blog comments powered by Disqus
TWT Video Picks
You Might Also Like
  • Maureen McDonnell looks on as her husband, former Virginia Gov. Bob McDonnell, made a statement on Tuesday after the couple was indicted on corruption charges. (associated press)

    PRUDEN: Where have the big-time grifters gone?

  • This photo taken Jan. 9, 2014,  shows New Jersey Gov. Chris Christie gesturing as he answers a question during a news conference  at the Statehouse in Trenton.  Christie will propose extending the public school calendar and lengthening the school day in a speech he hopes will help him rebound from an apparent political payback scheme orchestrated by key aides. The early front-runner for the 2016 Republican presidential nomination will make a case Tuesday Jan. 14, 2014, that children who spend more time in school graduate better prepared academically, according to excerpts of his State of the State address obtained by The Associated Press. (AP Photo/Mel Evans)

    BRUCE: Bombastic arrogance or humble determination? Chris Christie’s choice

  • ** FILE ** Secretary of State Hillary Rodham testifies on Capitol Hill in Washington, Wednesday, Jan. 23, 2013, before the Senate Foreign Relations Committee hearing on the deadly September attack on the U.S. diplomatic mission in Benghazi, Libya, that killed Ambassador J. Chris Stevens and three other Americans. (AP Photo/Pablo Martinez Monsivais, File)

    PRUDEN: The question to haunt the West

  • Get Breaking Alerts