Rand Paul says US has 'plenty of money' to pay bills without debt limit hike

Townhall.com Staff
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Posted: Oct 09, 2013 11:55 AM
Sen. Rand Paul, R-Ky., said on Fox News Wednesday that President Obama's fear-mongering on the national debt is making it harder to solve the nation's problems. The federal government receives approximately $250 billion in tax revenue collected from the American people every month, more than enough money to pay the $20 billion-a-month interest payment currently due on the national debt.