Connect with us

Hi, what are you looking for?


Rand Paul Releases Alternative to Biden-McCarthy Debt Deal

United States Senator Rand Paul (R-KY) announced on Tuesday what he calls the “conservative alternative” to the deal recently reached to raise the debt ceiling and avoid a default on the nation’s debt.

According to the senator’s office, the alternative “will be offered as an amendment to the so-called ‘Fiscal Responsibility Act’ deal and would replace existing language with responsible reforms and necessary cuts.”

Sen. Paul noted on Tuesday that “sixty percent of Americans say Congress should only raise the nation’s debt ceiling if it cuts spending at the same time,” something the Kentucky Republican said he interprets as desire among the American people for “real cuts in spending, not an annual increase of one percent above already bloated levels of COVID-19 spending.”

“Bold actions must be taken to defeat our mounting national debt, and my conservative alternative to the Biden-McCarthy deal gives us a real opportunity to get our fiscal house in order,” Sen. Paul added, hence his decision to put forward “responsible reforms and necessary cuts.”

The amendment would remove and replace existing language in the Fiscal Responsibility Act to make the following changes to the legislation:

  • Replaces the blanket 2-year suspension on the debt ceiling with a $500 billion hike forcing Congress to come back to the table to do their job and figure out solutions to the cascading debt issue highlighted by the debt ceiling.
  • Replaces the caps on discretionary spending with caps on total spending (the sum of discretionary and mandatory spending) that cuts five percent spent each year.
  • If the government continues to spend at current rates, this plan would trigger an automatic $302 billion cut in FY24 and another $241 billion cut in FY25 for a total of $545 billion in the two-year period.
  • If the government adhered to these caps for five years, by FY28 the federal government would have the first balanced budget since 2001.
  • Creates a mandate that growth in federal outlays may at no point exceed the growth in revenue from the previous fiscal year.

Sen. Paul’s “conservative alternative” to the debt deal comes after he digested the contents of the bill text and concluded that conservatives “have been sold out once again.”

The Fiscal Responsibility Act is set to be brought to the floor for consideration on Wednesday, though a growing number of lawmakers from both chambers have expressed their firm opposition to the legislation as it’s written based on the agreement between Biden and Congress.

  • Robert says:

    Good changes…Now to get this through the house (and RINOS)!

  • Too honest to lie says:

    Rand Paul, Why did you wait until now? It’s too late to do anything but grandstand for the attention of like-minded conservatives. Liberals will never see your speeches… Unless the mainstream media broadcasts snippets and says, “See! MAGA Rand Paul wants to destroy the country, take away Social Security and health care!”

  • Trending Today


    Dr. Anthony Fauci was secretly “escorted” to CIA headquarters where he attempted to “influence” the outcome of the agency’s investigations into the origins of...


    Former President Donald Trump was speaking at a rally in Summerville, South Carolina, on Tuesday, and Fox News was covering the event. That is,...


    Philadelphia should have been celebrating: the Phillies clinched a playoff berth, and the Eagles beat the Tampa Bay Buccaneers in Monday Night Football. That’s...


    Elon Musk is correct. The risk of UAW’s 40% pay hike for its 150,000 members at the “Big Three” US automakers – General Motors,...