Paul, Massie Oppose DC Budget Deal
A budget deal negotiated by US Senator Patty Murray (D-WA) and US Rep. Paul Ryan (R-WI) is panned by Kentucky Senator Rand Paul (R) and Northern Kentucky Congressman Thomas Massie (R).
"There is a recurring theme in Washington budget negotiations," Paul said in a statement. "It's, I"ll gladly pay you Tuesday for a hamburger today."
The budget plan would reduce the federal deficit by approximately $23 billion over the next two years while also increasing the 2014 and 2015 spending levels to just more than $1 trillion. The number is a slight increase from the $967 billion annual spending allocated under the Budget Control Act.
The proposal also would replace $63 billion in automatic spending cuts through a series of other spending reductions and fee increases, such as a higher consumer airline fee and an uptick in the amount federal employees are expected to contribute to their federal pensions. The bill could be the first compromise budget bill to emerge from a "divided Congress" since 1986, Ryan said Tuesday.
The deal will require both Republicans and Democrats to make concessions on their parties' key principles. Republicans will have to agree to increase overall spending levels, while Democrats must accept a deal that does not include an extension of federal unemployment benefits.
"I think it's a huge mistake to trade sequester cuts now, for the promise of cuts later," Sen. Paul said. "The small sequester spending cuts were not nearly enough to address our deficit problem. Undoing tens of billions of this modest spending restraint is shameful and must be opposed. I cannot support a budget that raises taxes and never balances, nor can I support a deal that does nothing to reduce our nation's $17.3 trillion debt."
Massie blasted the deal on Twitter.
"I'm a no on budget deal," Massie tweeted. "I hate to use the cliche, but Congress is becoming a cliche by 'kicking the can down the road' once again."
Massie announced his plans to run for reelection on Friday. On Wednesday, the first-term Congressman asked for his Twitter followers to "retweet" his comment that Washington has an addiction to spending.
Photo: Sen. Rand Paul