Ron Paul: I’m An Easy ‘No’ On Boehner’s Plan, Both Sides Fail To Understand America Is Bankrupt

Republican Congressman and presidential candidate Ron Paul appeared on Fox News earlier and delivered his unique perspective on the debt crisis. Paul recognized that Speaker John Boehner had a tough job trying to negotiate with the Democrats who demagogue the debt issue, yet said he can’t possibly support Boehner’s debt ceiling increase bill because “those cuts aren’t real.”

And Paul wasn’t much more optimistic about the Republican vision for a balanced budget Amendment to the Constitution either, suggesting he couldn’t “pretend that the balanced budget amendment is going to solve our problems.” Alisyn Camerota noticed Paul’s general pessimism and wondered “you would rather default than raise the debt ceiling?” Paul nonchalantly and simply replied “no” and later explained:

“Both sides are failing to understand that the country is bankrupt, there will be a default. The only debate that is going on is how do you default.”

Paul insists the country will soon be at risk of inflation, and that “adding more debt and permitting the Congress to continue to spend is much worse than defaulting by printing money.” Therefore when Boehner asks for the support of all Republicans later today in passing his debt solution, Paul has already decided, “I’m an easy ‘no’ on this.”

Watch the clip from Fox News below:

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