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Mises InstituteApr 15, 2026Local News

Rand Paul’s “Six Penny Plan” to Balance the Federal Budget in Five Years

Senator Paul introduced legislation to balance the federal budget through 6% annual across-the-board spending cuts.

Rand Paul’s “Six Penny Plan” to Balance the Federal Budget in Five Years
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tl;dr

Senator Rand Paul introduced the 'Six Penny Plan,' which proposes balancing the federal budget in five years through mandatory 6% annual across-the-board spending cuts for all agencies, including Social Security and the Pentagon.

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Rand PaulR-Kentucky
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