Rand Paul suggests a different solution to debt limit deal.

Are you concerned about America’s mounting national debt? Senator Rand Paul has introduced legislation that offers an alternative to the debt limit agreement reached by House Speaker Kevin McCarthy and President Joe Biden.

The Proposal

Paul’s proposal would raise the debt ceiling by only $500 billion, compelling Congress to resolve America’s debt problem with a more permanent solution in the near future. In addition, the measure would impose automatic budget adjustments each year moving forward.

“Bold actions must be taken to defeat our mounting national debt, and my conservative alternative to the Biden-McCarthy deal gives us a real opportunity to get our fiscal house in order,” Paul wrote in a statement.

The Benefits

• Compels Congress to find a more permanent solution to America’s debt problem
• Imposes automatic budget adjustments each year
• Reduces expenditure by 5% annually
• Results in automatic cuts of $545 billion over a two-year period

If you’re one of the 60% of Americans who believe that Congress should only raise the nation’s debt ceiling if it cuts spending at the same time, then you’ll want to support Senator Paul’s proposal. His conservative alternative to the Biden-McCarthy deal offers a real opportunity to get our fiscal house in order.