"Republicans must acknowledge that not every dollar spent on the military is necessary or well spent," said Kentucky Senator Rand Paul while addressing the Republican National Convention floor on day 3 of the event.

After Paul's speech, which mostly stuck to the GOP's "We Built It" theme but occasionally touched on libertarian themes such as the need for reduction of military spending or the importance of civil liberties, Reason TV was on the scene to ask Romney and Paul supporters alike what they thought of the speech and whether or not Rand and/or Ron Paul-style Republicanism has a future in the party.

About 3:30 minutes.

Produced by Zach Weissmueller and Tracy Oppenheimer.

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