Rand Paul: Obama Was a ‘Piker’ Compared to the Debt That Republicans Are Incurring Now – By Jeff Poor (Breitbart) / Aug 5 2020
For some on Capitol Hill, the debt accumulated by the federal government is a back-burner issue, especially as COVID-19 wreaks havoc on the American economy, and members of Congress seek ways for government intervention. However, it is not for Sen. Rand Paul (R-KY), who during an appearance on Fox News Channel’s “Your World” on Wednesday warned of the dangers of out-of-control spending and borrowing.
He offered a few historical comparisons to illustrate the unprecedented nature of Congress’ actions and proposed actions.
“It’s funny that people say, ‘Well, Washington, Republicans and Democrats never compromise and can’t get along,’” he said. “That’s actually the opposite of the truth. Republicans and Democrats compromise every day of the year to spend money we don’t have. So, we were already running a trillion dollars short just with our normal budgetary expenses for the year. We added $3 trillion. Now they’re talking about another $1 trillion to $2 trillion. We’re going to borrow $5 trillion in five months.”