Rand Paul: 'Irresponsible' For Obama To Talk About Default

Kentucky Sen. Rand Paul criticized President Obama on Sunday for his administration's repeated dire warnings over the approaching debt limitdeadline, saying “It's irresponsible of the president and his men to even talk about default" and insisting there is no chance the government will miss a payment on its debt.

Appearing on NBC's "Meet the Press," Paul noted that the government takes in more in revenue each month than it pays out in interest on Treasury bonds, and that President Obama has not acted on a bill passed by House Republicansthat would have instructed the Treasury to prioritize payments on the debt over other government obligations, ensuring that Treasury bonds will not fail.

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