Bipartisan Rejection of Debt Reduction Bill

Republicans join Democrats to kill Rand Paul’s fiscally responsible Pennies Plan because no one cares about the debt crisis

June 04, 2019 05:47 PM

“That was a nice decade of Republicans pretending to care about our $22 trillion national debt and annual multitrillion-dollar deficit. But as of Monday, we can safely say the Tea Party is over.

Sen. Rand Paul, R-Ky., introduced about as reasonable an attempt to rein in our exploding deficit with his Pennies Plan, which would cut 2% from on-budget spending per year for the next five years. Additionally, Paul’s plan would expressly protect Social Security, include instructions to make the individual income tax reforms passed by President Trump permanent, and expand access to Health Savings Accounts.

It’s a modest but tangible step in the right direction. It wouldn’t solve our debt crisis, but it would ameliorate it somewhat. So naturally, a large bipartisan majority voted to block it from the Senate floor.”
~Tiana Lowe

This entry was posted in #RcWire.

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