PAUL: The nation deserves better than the fiscal irresponsibility crippling D.C.

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People outside of Washington understand that endless debt is not the path to stability or prosperity. They understand that it’s time to cut up the credit cards.

In 2006, Mr. Obama said constantly raising the debt ceiling meant that “Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better.”

I agree. Mr. Obama was right then, yet today, he represents a real failure in leadership. Americans do deserve better. So does the next generation.

Rand Paul is a Republican senator from Kentucky.

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