Senator Rand Paul

So if we continue to do this, it won't get better.

We're chasing our tail.

We're chasing inflation.

And so what we need is leverage and to allow the marketplace to work, to bid down prices.

My plan would also let everybody have an HSA and it would let you purchase your health insurance out of an HSA.

So as you save money and you're able to purchase your insurance out of it, there would be a possibility, particularly over time, that you might be able to accrue enough money that you would be able to get larger and larger deductible because you have a big savings account to cover your deductible.

It's the debate.

We're having this debate right now within our caucus.

Others in my caucus want to take the Obamacare money and stick it in your HSA.

That, to me, is another form of Obamacare, and I'm not really for that.

I'm for letting you save your own money in your HSA and letting 90 percent of people who don't have an HSA get one and then let you negotiate through a buying co-op like Amazon to get lower prices.

Feels that way sometimes, yeah.

You know, the way I look at the spending proposals is what amount of debt will it add up to?

So the Republican plan this year, the continuing resolution, led to about a $2 trillion deficit.

And I look forward to see what will it do if we do the same thing next year.

It's about a $2.1 trillion deficit, so it's actually worse.

Now, the Democrats are offering an alternative, but their alternative would be $3 trillion in debt.

So I think neither plan is a very good plan.

And so I've offered an alternative called the penny plan budget, which would take an across-the-board cut and balance the budget over about a five-year period.

It would still add some debt, but in the first year, it would probably be half of what they're looking at now.