Rand Paul slams ‘spending bill’ fiscal cliff deal

January 1, 2013 by  
Filed under Economy

Kentucky Sen. Rand Paul said preliminary details of a potential fiscal cliff deal that emerged Monday are a “deal killer” for him because they don’t slash spending, though he conceded a scaled-back deal could pass both chambers with bipartisan support.

“Not only are they raising taxes — maybe on a smaller percentage of people but a large amount of money — but they’re also going to spend more money,” Paul said. “So it’s a spending bill.”

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