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Sen. Rand Paul: Dems Walk Away From Super Committee Talks After Heated Negotiations

Senator Rand Paul (R-Kentucky), in an exclusive interview with Sean Hannity, says that not only are Democrats rejecting offers put on the table, but now they won't even continue to negotiate and have "walked away from the table -- refusing to talk to the Republicans."

Paul warns the American people that this is all about Obama's reelection, and the taxpayers livelihood is of no concern to Obama and the Democrats. Transcript below:

Sen. Rand Paul: "Sean, can I make it up to you by giving you a scoop, that maybe people don't know yet?"

Sean Hannity, host: "Yeah what you got?"

Paul: "I have news straight from sources close to the Supercommittee that the Democrats have walked away from the table and they're refusing to talk to the Republicans about a deal and, they will not counter any offers and basically there's an impasse and it's starting to look like they don't want any deal at all."

Hannity: "This was all being telegraphed by Chuck Shcumer yesterday, I am sure you saw his remarks -- 'There is not going to be a deal.' And that they want to say that because Republicans will not raise taxes they're are 'rigid'. That we are not going to have any deal on the economy. And I think the Democrats are just gonna be happy gutting the Defense Department, which is part of this deal."

Paul: "And the truth is quite the opposite, the Republicans have offered tax reform that lowers tax rates and closes loopholes. You know, the president talks about millionaires not paying their taxes, we are trying to close some loopholes, but we want to be part of tax reform. We have offered a serious credible offer, but basically they have walked away from the table because I think the president's calculation here is that it helps his campaign not to have a deal. So, I don't think he cares at all what this will do to people's retirement accounts."

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