Ron Paul: Debt Deal is a ‘Fraud’


Ashley Martella: We’re pleased to have with us on the line now, Texas U.S. Representative and GOP presidential candidate, Ron Paul. He was one of 5 Republicans from the Texas congressional delegation to vote against the so-called Budget Control Act of 2011, which is the debt ceiling increase. Thanks for joining us, sir.

Ron Paul: Thank you, good to be with you.

Ashley Martella: You write on the Hill’s Congress Blog, that there were no real cuts in the legislation, only cuts in projected spending increases. Please explain briefly.

Ron Paul: This is one of the most annoying things about the reporting on what we’ve been trying to do in Washington and what we pretend to be doing. They’re always talking about cuts, cuts, cuts and everybody is screaming, “You can’t cut this, you can’t cut that”. But there are no cuts, there’s a baseline CBO projection that automatically goes up year after year after year. And what they’re talking about is just cutting some of these proposed increases. So it’s a real misleading definition when they talk about cuts. If you had a cut, you would actually have to cut this year. Because anything we do for future years doesn’t hold water anyway, because you can’t tell the next Congress what to do. So it’s basically a fraud.

If they were serious about it and wanted to do it and make a point of changing the way we operate, they could freeze the budget and give everybody the same amount of money they got last year, and that would be, according to the way they calculate, a big cut, because we would be cutting all the proposed increases for the next years to come.

Ashley Martella: Well, you say if we were to go back to 2004 spending levels, we would have a balanced budget right now. Please crunch the numbers for us a bit.

Ron Paul: That is, 2004 would give us enough money to balance the budget right now, that’s like 2.4 trillion dollars. And even now if you freeze the budget, within about 5 years it would be balanced again. But nobody’s quite willing to do that because they think they have to have steady increases. But there’s a strong appetite for government and that is where the problem is. People don’t want to cut back on the militarism and the people don’t want to cut back on anything that looks like it might cut into their check they’re getting from government, and you know a lot of people are getting checks from the government.

Ashley Martella: Our budget has doubled in 10 years, you ask why. Why do you think it has?

Ron Paul: The appetite for government never ends, there are more retired people because of the demographics, less people are coming into the workforce, unemployment rates go up, they can’t control that. So the benefits go up automatically. And it’s endless, there’s always new programs; this week, after we passed that budget, there was a new program, brand new program out of thin air to go around the world and tell other countries what they should do about their religious freedom. And it was a small program, but the first year was going to be a million dollars. And I thought, “Well, why are they starting a new program in the midst of this?” But that is only one little program, I mean there are hundreds and hundreds of programs that are brand new and they keep doing it. They just won’t stop, it’s like an addiction. And they don’t stop because I don’t think they even realize the seriousness of how big this problem is.

Ashley Martella: The Tea Party helped elect candidates it thought would vote to end reckless spending by Congress. Yet, most of the Tea Party backed Republicans voted yes on the bill. Where’s the disconnect here?

Ron Paul: Yea, that’s a tough one, because I think the Tea Party people have helped because it has changed the atmosphere and at least they’re talking about this. But then it has to be awfully discouraging for all of us if they’re not voting against these kinds of programs where we raise the national debt and increase this Super Congress. I mean, it’s a real mess. It represents the fact that there are no easy solutions and people realize that when you do cut, there’s a political liability there. The Tea Party people got there because there was political liability to continue the spending. So that has to be ironed out and it will be ironed out pretty soon because we cannot maintain what we’re doing.

Ashley Martella: You expect there to be a backlash by the Tea Party against the Congressmen they backed who voted yes on this deal?

Ron Paul: Yea, I think there will be, but I don’t think it will be quite the same thing that happened last year when so many were routed. And there are going to be so many people who will be disenchanted. They’ll say, “You mean we did it, we worked hard, we changed the Congress, but we didn’t change the votes?” And I don’t know whether you can keep the people up, I think the people are going to get pretty discouraged one way or the other. But I think if things don’t improve and we don’t get our house in order and get control of this budget, I think there will be a lot of people who are saying, “You know, we sent you over there, but you kept voting for more spending”.

Ashley Martella: If Republicans should win back the Senate next year, as many predict, will that change anything regarding reckless spending?

Ron Paul: Let’s hope so, but it’s no guarantee. Just like I was complaining about when George Bush was in charge and we had the Senate and the House, we didn’t do a very good job. Then the battle becomes between the two factions within the Republican Party; you know, the conservatives versus the big spenders in the Republican Party. So you don’t know, it just depends on who shows up into the Senate. But certainly, the way it’s formulated right now, there’s no way that the conservatives can win a fight and have the Senate support it and then have the President sign a bill.

Ashley Martella: You announced a while back that you were retiring from the House after your current term. Why?

Ron Paul: Well, I wanted to concentrate on the race for the presidency. Last time I ran, I did both and it was distracting and I wanted to make sure that people knew I was very, very serious about the presidential run and I was also content to know that I would be, and am ready to leave the Congress too.

Ashley Martella: The latest Gallup polling shows you with 8% ballot support among all Republicans. Now that compares to 17% for Mitt Romney, and 15% for your fellow Texan, Governor Rick Perry, who hasn’t even announced yet at the time we are recording this. How do you get your numbers up?

Ron Paul: Continue to do what I am doing and just more so, because the numbers depend on which poll you look at. They have been improving, but it is not easy. That means we have to continue to campaign, we have to continue to raise money. We have had some TV out, we hope to have a lot more TV out and the numbers certainly will go up if we do well at Ames next week.

Ashley Martella: Texas congressman and Republican presidential candidate, Ron Paul. Thanks so much and good luck on the campaign trail.

Ron Paul: Thank you, good to be with you.

Ashley Martella: And thank you for watching Newsmax TV.

  • chronofusion

    ” latest gallop pole shows your numbers, dr paul, at 8% approval rating among all republicans”=BULLSHIT..more like 80%. jesus..why do these dumb media fags.keep UNDERrating ron paul? Last time i checked. I was raised to tell the damn truth. I got my ass whooped when I lied as a child. Do I need to visit all these stupid media people, bring their parents with belts to tear their asses up?


  • ronpaulfreedom1

    We need to bring our troops home..stop policing nations..gaurd our own boarders..cut congress, senetors and the presidents pay in half..they are public servants..If Ron Paul keeps talking about cutting the elderly’s healthcare and diabled people ..Then i who have been a ron Paul supporter sinse 2008 will not vote for him!!! cut the department of education..their only talking about cutting what our parents paid into thier whole lives it isn’t a intitlement..americans opaid for this and still are!

  • ronpaulfreedom1

    Ron Paul.2012..but people ederly people paid for SS and my mother would be on the streets without it or if she had to pay more for medicare..and we can’t not take care of our disabled and Vets…The cuts should come from government entitlements..Like once they leave office or are voted out..we no longer pay them the rest of thier lives and they pay their own health care..We are still being taxed for SS..The Government robbed the fund..we should cut welfare and forien aid we can’t afford it

  • DCUPtoejuice

    Ron has a real chance of winning if he would start trying to sound like Ronald Reagan with some optimism and humor instead of the teacher role he plays. Come on Ron.

  • krugg420

    the feds know that thier imploding the economy

  • TaylorGangNicholson

    why does he talk like a baseball announcer

  • dpla5762

    Budget doubled in 10 years. That’s 7% growth per year. Watch “The most important video you will ever see” here on youtube for some great insight to this math problem.

  • Fido1488

    Why does this newscast seem so phony?

  • eagleeye1975

    Could this interviewer be any more over-the-top with his enunciation and articulation?

  • carcabe

    Ron Paul is the ONLY candidate who is willing to turn us away from our path toward economic collapse and chaos. All of the others offer more of the same failed policies. All of the other candidates offer us the very UNREAL idea that government can fix our lives and give us all a fairy tale life. Ron Paul is the only one who is grounded in reality.

    Ron Paul 2012 and Ron Paul TODAY. Get involved. Do something.

  • LucifersArgument

    The interviewer is annoying.

  • ToxinalX

    If you read and understood the constitution, then please consider temporary registering yourself as a republican and vote for him !

    You know of whom I’m talking about by now.

  • Higgs666

    If he wants to know why he isn’t famous, he should start with his suit.

  • StopTheMorons

    Thumbs up for Ron Paul answering questions over the phone.

    But thumbs down to Newsmax.TV for faking a news studio and editing it to look like a live interview.

  • flowerdrop1

    Eisenhower called it: military-industrial complex would get out of control in America

  • hellonewman1

    I wish Australia had a man like Ron Paul as our leader. Wow, would we fly as a nation – leading the world.

  • ryanshaunkelly

    the Friday night bombshell
    serious as a heart attack
    Ronald Ernest Paul
    warned us in 2007

  • USFullOfLies

    Pentagon Deploying More 20,000 Troops In U.S. To Prepare For Economic Collapse Civil Unrest
    youtube. com/watch?v=lXHmBYkNHQg
    Clown’s Message on Debt Agreement
    youtube. com/watch?v=y82n1vSM4v0

  • IKSDoomie

    Ok who is starting the sign up for the 4 million citizen march?

  • IKSDoomie

    I am no politician but I know how to balance a checkbook. Maybe those guys need to go back to 8th grade math class and learn it over again.