OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Executive Calendar

Floor Speech

By: Rand Paul
By: Rand Paul
Date: July 15, 2021
Location: Washington, DC
Issues: Government Budget and Spending

BREAK IN TRANSCRIPT

Mr. PAUL. Mr. President.

BREAK IN TRANSCRIPT

Mr. PAUL. We borrow more than $2 million every minute. The deficit last year was over $3 trillion. The deficit this year will be over $3 trillion. There is a $1 trillion wish list out there for everybody. Everybody wants something.

Somebody says: Oh, there is money in the Treasury. Guess what. There is not. There is a big hole, a big black hole in the Treasury, 28 trillion dollars' worth.

So we do have this one asset, and when we sell it, we should do it to pay down the deficit. We shouldn't do it to expand government further.

We don't have any money, and we should be fiscally conservative as we profess to be.

BREAK IN TRANSCRIPT


Source
arrow_upward