Paul says he will propose his own balanced budget if elected

06/07/2010 01:37 PM

Rand Paul shakes hands outside GOP headquarters

Republican U.S. Senate candidate Rand Paul said on a national radio talk show that, if elected, he plans to file his own version of the nation’s spending plan.

“I’m going to do something that no one has ever done,” he told guest host Walter E. Williams on the Rush Limbaugh show Monday afternoon. “I’m going to introduce my own budget that’s balanced.”

Paul — who quickly established a friendly rapport with Williams, an economics professor at George Mason University — reiterated balancing the budget as a major tenet of his campaign. He said that 32 states, including Kentucky, require lawmakers to approve a budget that only spends as much revenue that comes in.

Paul also said he would like to reform campaign finance laws with a provision for companies that are awarded public contracts of $1 million or more to voluntarily refrain from making campaign donations in the weeks before an election.

Williams and Paul talked mostly during the 17-minute interview about debt and economic policies, as well as the U.S. Constitution, all of which are issues right in Paul’s campaign wheelhouse.

At one point, Paul launched into his support for raising the minimum age for Social Security eligibility, which his GOP primary opponent Trey Grayson ran a critical ad about during the spring race. Paul noted that despite that, he won by 24 points.

“I just stand up and say ‘I don’t want to do this,’” Paul said of his approach to tell it like he sees it.

Williams, throughout the interview, complimented Paul and his views.

“I wish you the best for the sake of our nation,” Williams said to close out the interview.

- Ryan Alessi

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