FOR IMMEDIATE RELEASE:
March 22, 2024
Contact: Press_Paul@paul.senate.gov, 202-224-4343
Dr. Rand Paul Calls Out Uniparty Spending Problem, Files Motion to Refer with Instructions to Cut 5 Percent from Spending Bill
WASHINGTON, D.C. – Today, U.S. Senator Rand Paul (R-KY) spoke on the Senate floor, where he continued to call out big spenders in both parties in Washington for a $1.2 trillion spending bill that is expected to pass today. The bill is more than 1,000 pages, includes over 1,400 earmarks and was released at 2:32 am early Thursday. Dr. Paul also introduced a Motion to Refer With Instructions to the spending bill that instructs the Senate Committee on Appropriations to cut 5 percent from the bill. Amounts made available to the Department of Defense or for securing the international border of the U.S. are exempted from reductions.
Below are excerpts from Dr. Paul’s floor remarks:
“We are spending at such a rate that we add an average of a trillion dollars to the debt every 90 days. If that pace continues, instead of $1.5 trillion it could be up to $4 trillion in the next year.”
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“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.”
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“This reckless level of borrowing and spending is unsustainable. The ever-increasing heights of our debt mean a weak economy, high inflation, and confiscatory tax rates. In other words, today’s spending threatens tomorrow’s prosperity.
“We are approaching a predictable economic crisis in the U.S.
“In my time in the Senate, I have proposed spending freezes, balanced budgets, spending cuts, designed to get our nation back on a path.
“Today, instead of a balanced budget, I merely ask this 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. We wouldn’t eliminate anything but anything that you’re going to spend money on, is going to get 5 percent less.”
You can read Dr. Paul’s motion HERE, and watch his floor remarks HERE.
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