In a speech Tuesday on the U.S. Senate floor, U.S. Senator Rand Paul condemned the bipartisan consensus to “fund everything” regardless of available funds or existing restraints, which has led to runaway, reckless spending and a $20 trillion debt that greatly threatens our national security.
Dr. Paul stood ready to offer an amendment, which the Senate has blocked from consideration, that would have offset $36.5 billion in emergency relief by rescinding the same amount in funds government-wide that have not yet been spent, giving government the flexibility to pay for needed relief by cutting waste and properly prioritizing the American people’s money.
“[Y]ou’ll find often that it’s easy to be compassionate with someone else’s money. But it’s not only that. It’s not only compassion with someone else’s money. It’s compassion with money that doesn’t even exist, money that’s borrowed,”Dr. Paul said during his speech.
In addition, Dr. Paul raised a point of order that would have required the budget spending caps to apply to the $36.5 billion spending bill, which forced the Senate to vote to ignore the caps. Eighteen other senators joined Dr. Paul in voting to stick to the caps.