Senator Rand Paul Warns ‘Free’ Government Benefits Come With Higher Taxes — Says US Cannot Afford ‘Trillions More’ as Debt Tops $40 Trillion
Paul urges sweeping federal spending cuts and a balanced budget, warning that benefits raise taxes and debt as national debt tops $40 trillion.
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Why It Matters
A senator warned that the US government spends more money than it takes in. When the government owes a lot of money, it can affect how companies and people do business.
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