October 14, 2013
Sen. Rand Paul said Sunday that Republicans making raising the Social Security retirement a condition of raising the debt ceiling, adding a new twist to the high-wire negotiations over re-opening the federal government and avoiding default.
“I am worried about a government that borrows over a million dollars every minute. And so I think there needs to be some structural reform of our spending or we shouldn’t raise the debt ceiling,” Paul told WABC’s Aaron Klein in an interview airing Sunday night, and shared with BuzzFeed. “And rising the age on social security gradually a couple months a year for younger people is a way to fix the imbalance. It ought to be done probably for Social Security and for Medicare.”
Thursday is the deadline for raising the debt ceiling, though Republicans and Democrats have each proposed plans to extend it.
In the interview, Paul accused President Barack Obama of using scare tactics to rattle financial markets as the deadline nears.
This article was posted: Monday, October 14, 2013 at 5:16 am