finances 300WASHINGTON, D.C. (12/12/17) — U.S. Sen. Rand Paul announced today that he plans to oppose an end-of-the-year continuing resolution in relation to "recklessly spending the American people’s money."

“I cannot in good conscience vote to add more to the already massive $20 trillion debt,” Paul said. “I promised Kentucky to vote against reckless, deficit spending, and I will do just that. Tax cuts — people keeping more of their money — are never the problem. The problem is spending. We should obey our rules, stop the deficit spending, and shrink government.”

The senator indicated he plans to stop Washington’s runaway spending including working to offset emergency funds by reducing waste in existing programs, and forcing the Senate to vote on a budget that would balance by 2024.

                                                                                                 
In March, Paul, chairman of the federal spending oversight subcommittee for the Homeland Security and Governmental Affairs Committee, held a hearing entitled, “The Effect of Borrowing on Federal Spending,” which included testimony from former Comptroller General of the U.S. David Walker.

Paul’s subcommittee held a hearing on end-of-the-year spending binges in federal agencies in September, when he introduced legislation to pay bonuses to federal employees that identify unneeded or surplus funds — a bill that would also ensure that 90 percent of the savings are automatically directed toward deficit reduction.

SurfKY News
Information provided by Dr. Rand Paul

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