Bowling Green Today

U.S. Senator Rand Paul (R-KY) has taken a stand against excessive spending in Washington by calling for a 5 percent reduction in the $1.2 trillion spending bill currently under consideration. Dr. Paul highlighted the urgency of the situation, stating, “We are spending at such a rate that we add an average of a trillion dollars to the debt every 90 days.”

During his remarks on the Senate floor, Dr. Paul emphasized the need to address the nation's growing debt crisis, attributing it to the unchecked spending habits of Congress. He warned, “Our nation’s greatest threat comes not from abroad but from within the halls of Congress, which, at every opportunity, looks for ways to ignore our spending problem and expedite our economic decline.”

Dr. Paul outlined the potential consequences of unrestrained borrowing and spending, citing a weak economy, high inflation, and confiscatory tax rates as inevitable outcomes. He proposed sending the spending bill back to the Appropriations Committee with instructions to identify areas where a 5 percent cut could be made responsibly, excluding funds for the Department of Defense and border security.

In his plea for fiscal responsibility, Dr. Paul stated, “We are approaching a predictable economic crisis in the U.S… Instead of a balanced budget, I merely ask that this bill be sent back to the Appropriations Committee and that they report to the full Senate about how to responsibly cut 5 percent from this bloated monstrosity.”

Dr. Paul's motion to refer with instructions to cut 5 percent from the spending bill reflects his ongoing efforts to address the nation's fiscal challenges. By advocating for measured spending reductions, he aims to steer the country towards a more sustainable economic path.

For more information on Dr. Rand Paul's motion and floor remarks, please visit his official website.