CNBC: Rand Paul On Spending Cuts, Fed Audit

'Even with the sequester, spending still goes up $8 trillion over the next 10 years.   Only in Washington is a spending freeze called a $9 trillion cut.'

Fed audit discussion begins at the 5-minute mark.  As you will hear, Bill Griffith has lost his damn mind regarding Bernanke's record of transparency at the Fed.

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Bonus clip:

'What the country really needs is a balanced budget.'

Sen. Rand Paul Delivers Tea Party Response To State Of The Union

Transcript is here...