Ron Paul says his fellow Republicans aren't as committed to cutting government spending as it may seem.

The Republicans "are putting the money back in the budget in the continuing resolution for the military expenditures. So you know they're not serious," the former congressman said on Tuesday's "Futures Now." "Neither side is serious about cutting back. They're just trying to bamboozle the American people into believing that you have to keep spending forever."

(Read more: And then it hit them: A shutdown could last more than a week) Paul says that the Republican Party's lack of focus has sapped the power of their anti-Obamacare arguments.

Ron Paul Brendan Smialowski | AFP | Getty Images