The Hill News

Ron Paul says that Republicans will be punished if they do not hold the line against tax increases in the super-committee negotiations and argued that his campaign was well situated to challenge Mitt Romney for the Republican nomination in a radio interview with Sean Hannity Thursday.

"If we capitulate, they will punish the Republican Party," Paul said in response to questions about proposed tax increases. He also said that Republicans needed to be thinking more dramatically about reducing the federal deficit.

"Even if they cut a trillion dollars over the next couple of years from the baseline budget it doesn't mean anything," Paul said.

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