U.S. Senator Rand Paul | U.S. Senator Rand Paul official website
U.S. Senator Rand Paul | U.S. Senator Rand Paul official website
U.S. Senator Rand Paul (R-KY) has raised concerns about a $468 billion spending bill filled with over 6,000 earmarks during a recent Senate session. Dr. Paul highlighted some of the earmarks included in the bill, ranging from funding for a waterfront walkway in New Jersey to support for Detroit's Thanksgiving Parade float maker.
In his address on the Senate floor, Dr. Paul expressed alarm over the sheer volume of earmarks, stating, "These are only ten of the over 6,000 wasteful earmarks included in the minibus… But these are my terrible ten, and there are more." He further criticized the bill for its potential impact on inflation and the overall welfare of the country.
Dr. Paul emphasized, "But when we spend it on parochial causes, when we run up this enormous deficit, it hurts us all generally. Inflation is a general punishment. So, I would say this bill is not for the general welfare of the country. It is for the general punishment of the country, because if it continues a $1.5 trillion deficit that leads to inflation, that causes all of us to not be able to afford food, clothing, gasoline."
Concluding his remarks, Dr. Paul labeled the spending bill as "an insult to the American people" and called for its defeat. He urged for a reevaluation of the earmarks and emphasized the detrimental effects of unchecked government spending on the economy and citizens.
The proposed bill has sparked a debate over the necessity and implications of earmarks, with Dr. Paul's critique shedding light on the potential consequences of such expenditures on inflation and national welfare.