Rand Paul

We need to cut some military spending.

If it was a bad idea last year, it's still a bad idea, and I think while I do think there is room for compromise, I don't think one person doesn't gets to define where the compromise is.

I want less money coming to Washington, less money spent up here and that's how you get the economy to grow.

If it's bad to raise taxed on everyone, it's also bad to raise taxes on 40 percent of the nation's income.

The top 1 percent pay almost half of the income tax, so when the president says it's bad to raise taxed on everyone, that would be Taxmageddon.

When people come to me and say we just have to raise taxes on rich people, one there, is not enough money. Two, you often find that when you raise rates, you get less revenue.

It mostly has to be to me on the spending side. We used to spend about 20 percent of GDP. We're now spending 25 percent of GDP. Federal spending has gone up at an alarming rate in the last four years.

One compromise I can agree with Democrats on is that we need to cut some military spending.

I will reserve the remainder of my time. The ACTING PRESIDENT pro tempore. If no one yields time, time will be charged equally to both sides.

We have it in our power to help this bad situation with the Maliki government, with the Iranian Government, with the criminals that are stealing their property and stealing their lives.

They are tired of being treated not like people, but like criminals, maybe even worse than criminals.

It is the policy that was decided upon by this administration, this Secretary of State and this President to make a rotten, corrupt deal with the mullah dictatorship in Iran.

The greatest thing this body can do is exactly what it has done so far: absolutely nothing.

We in this country have been given some benefits, definitely, by being able to issue the reserve currency of the world.

Because as we speak, they are meeting in Europe and the ECD's are deciding what to do and manipulating their money and credit.

The world is in the midst of a crisis today, and many of us believe it is related to a deeply flawed monetary system.

Did you vote against Dodd-Frank? Because it was in Dodd- Frank. It wasn't a separate bill. Maybe on a separate vote you might have done it, but it was in Dodd-Frank.

The most important, according to the way it is presented here, is what is going on in Europe.

We have had trouble for 5 years. The monetary system, you say this is not the be-all and end-all.

You can't amend the Constitution by just saying we are going to create some secret group of individuals and banks.

Because when the Fed talks about independence, what they are really talking about is secrecy, not transparency.

To quote the chairman, it sometimes isn't.

I am proud of those. While we can make them more efficient, I am not prepared to maintain more and more military spending at their expense.

I am always struck by the ability of my Republican colleagues to engage in a kind of duality of the mind with regard to Federal spending.

It does appear that when Mr. Bush had an important economic appointment to make, he said, get me the usual suspect, which was Chairman Bernanke.