Rand Paul says timing for $48B COVID business bailout is 'inappropriate' due to historic inflation

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EXCLUSIVE: Sen. Rand Paul is pushing back on a $48 billion COVID relief bill for businesses, which he calls a 'poorly-targeted spending spree' amid historic inflation.

Former USS Cole Commander Kirk Lippold argues Sen. Rand Paul can’t ‘play financial games’ since ‘lives are at stake’ amid Russia’s invasion of Ukraine.Sen. Rand Paul, R-Ky., is pushing back on a $48 billion business bailout bill, which he calls a "poorly-targeted spending spree," amid rising concerns about historic inflation.

Paul takes issue with the proposal, which contains "taxpayer-funded grants to restaurants, minor league sports teams, gyms, yachts and limousines businesses and more," because it is being introduced when COVID-19 is "no longer straining our economy," he writes.The senator argues that additional government spending will only help already-recovering industries at a severe expense to others.

Paul told FOX Business in an exclusive statement: "COVID-19 is over, and yet Congress is ready to spend $48 billion of borrowed money to bail out yacht and limousines businesses, minor league sports, and luxury gyms under the guise of pandemic relief.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

The Honorable Senator Rand is right ... the Biden admin can't have their cake AND eat it too! 👍🏼😎🇺🇸

We the people can't afford it. Please resign Joe Biden, if you really cared about USA. POTUS Bidenflation

We need to stop throwing money around.

So Chuck wants to bail out some of his supporters at th tax payer expense!

So is a Russian aluminum plant in Kentucky

Not a fan of him but he's speaking logically. This money would never reach real small businesses.

TrySmallBiz This man is a real piece of work and has no idea how much small businesses play into these elections. He is making a huge mistake

Not COVID

Take that money from the PPP frauds. How much money has the government got back from that?

The peasants are revolting and these assholes better change course or January 6 will look like a bake sale.

TrySmallBiz Really, I live in Kentucky and will remember this. I needed help and your office wouldn’t help. There are so many industries and businesses that are crushed. I will trade you senator. You take over my child care and I will be a doctor and senator. How about it ?

HE IS A BAD,BAD PERSON

Kan't believe they reelected this career politician

69tomlet First find the 400 hundred billion they lost the first go around

In my opinion there is never a good time to send billions of taxpayers (or printed money) to another country when our house is not in order. There is lack of oversight and our politicians will pad the pockets of defense contractors, themselves and their friends. What a joke.

Fiscal responsibility?!?!

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين