In it, but not of it. TPM DC

Rand Paul: Obama Will Be 'Pragmatic' With New GOP Congress

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Newscom

Paul added that he thinks divided government often works better, because it allows for more debate and discussion.

In a conversation that centered around the nation's growing debt, Paul also told Blitzer that he plans to introduce a bill proposing $500 billion in spending cuts.

"No one is brave enough to put the spending cuts on the line," Paul said. "We're going to lay out $500 billion worth of spending cuts in January and see if anyone is brave enough to say, yes, let's go ahead and do it."

Paul didn't detail what he'd cut.