Rand Paul in 2013 State of the Union address

On Budget & Economy: FactCheck: US borrowing $30,000 per second, not $50,000

The nonpartisan Congressional Budget Office projects that the public debt will increase in the current fiscal year by an additional $949 billion. That comes to $30,093 per second. Now, that per-second figure was considerably higher earlier in the Obama administration. In 2011 the U.S. was borrowing $47,564.68 every second. We don't mean to minimize the scope of the nation's debt problem. But Paul is wrong to suggest the president will "continue to borrow $50,000 every second," when CBO projects the U.S. will borrow about 40 percent less than that this fiscal year.

On Technology: FactCheck: Free "Obama phones" actually started in 1984

While it's true that the government provides subsidized phone service for low-income persons, such programs were in existence before Obama came into office. Lifeline, a federally mandated program that reimburses phone companies with a monthly subsidy of $9.25 for each low-income customer, has been around since 1984, when it began providing landline service. The program is designed to fulfill FCC policy of providing universal access. The program was then expanded during the George W. Bush administration in 2008 to cover cell phone usage. Since 2009 [FactCheck.org has been] debunking false Internet claims of an "Obama phone."

On Budget & Economy: Borrowing $50,000 per second is not sustainable

The path we are on is not sustainable, but few in Congress or in this Administration seem to recognize that their actions are endangering the prosperity of this great nation.

All that we are, all that we wish to be is now threatened by the notion that you can have something for nothing, that you can have your cake and eat it too, that you can spend a trillion dollars every year that you don't have.

Congress is debating the wrong things. Every debate in Washington is about how much to increase spending--a little or a lot. About how much to increase taxes--a little or a lot. Only in Washington could an increase of $7 trillion in spending over a decade be called a cut.

On Budget & Economy: America needs Adam Smith, not Robin Hood

Over the past 4 years the President has added over $6 trillion in new debt and may well do the same in a second term. What solutions does he offer? He takes entitlement reform off the table and seeks to squeeze more money out of the private sector.

He says he wants a balanced approach. What the country really needs is a balanced budget. Washington acts in a way that your family never could--they spend money they do not have, they borrow from future generations, and then they blame each other for never fixing the problem.

On Budget & Economy: Penny Plan: Each $1 by one penny & balance budget by 2019

To begin with, we absolutely must pass a Balanced Budget Amendment to the Constitution! The amendment must include strict tax and spending limitations.

Liberals complain that the budget can't be balanced but if you cut just one penny from each dollar we currently spend, the budget would balance within six or seven years. The Penny Plan has been crafted into a bill that millions of conservatives across the country support.

Where would we cut spending; well, we could start with ending all foreign aid to countries that are burning our flag and chanting death to America. The President could begin by stopping the F-16s and Abrams tanks being given to the radical Islamic government of Egypt.

On Budget & Economy: Keep the sequester, and increase it to $4T

Not only should the sequester stand, many pundits say the sequester really needs to be at least $4 trillion to avoid another downgrade of America's credit rating.

Both parties will have to agree to cut, or we will never fix our fiscal mess.

Bipartisanship is not what is missing in Washington. Common sense is. Trillion-dollar deficits hurt us all. Printing more money to feed the never-ending appetite for spending hurts us all. We pay higher prices every time we go to the supermarket or the gas pump. The value of the dollar shrinks with each new day.

On Corporations: Cut corporate tax in half to create millions of jobs

On Crime: Defend trial by jury & oppose unlawful searches

We will stand up against excessive government power wherever we see it. We cannot and will not allow any President to act as if he were a king. We will not tolerate secret lists of American citizens who can be killed without trial.

On Education: Allow school choice for everyone, white, brown, or black

A great education needs to be available for everyone, whether you live on Country Club Lane or in government housing. This will only happen when we allow school choice for everyone, rich or poor, white, brown, or black. Let the taxes you pay for education follow each and every student to the school of your choice.

Competition has made America the richest nation in history. Competition can make our educational system the envy of the world. The status quo traps poor children in a crumbling system of hopelessness. When every child can, like the President's kids, go to the school of their choice, then will the dreams of our children come true!

On Government Reform: Term limits if budget can't get balanced

And if Congress refuses to obey its own rules, if Congress refuses to pass a budget, if Congress refuses to read the bills, then I say: Sweep the place clean. Limit their terms and send them home!

I have seen the inner sanctum of Congress and believe me there is no monopoly on knowledge there. If they will not listen, if they will not balance the budget, then we should limit their terms.

On Gun Control: Don't let the liberals tread on the Second Amendment

On Immigration: See immigrants as assets, not liabilities

On Principles & Values: America's exceptionalism is notion that all should be free

People say America is exceptional. I agree, but it's not the complexion of our skin or the twists in our DNA that make us unique. America is exceptional because we were founded upon the notion that everyone should be free to pursue life, liberty, and happiness.

For the first time in history, men and women were guaranteed a chance to succeed based NOT on who your parents were but on your own initiative and desire to work. We are in danger, though, of forgetting what made us great.

On Tax Reform: Stand firm and say NO to any MORE tax hikes!

Only through lower taxes, less regulation and more freedom will the economy begin to grow again. Our party is the party of growth, jobs and prosperity, and we will boldly lead on these issues.