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Rand Paul Speaks To Reporters After 'No' Vote On Senate's 'Big Not-So-Beautiful Bill'
Forbes Breaking News
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2 days ago
Sen. Rand Paul (R-KY) spoke to reporters after voting "no" on the Senate's version of the Big Beautiful Bill.
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00:00
So, you know, the big, not-so-beautiful bill has passed now.
00:05
The one thing that's for certain is that next year the deficit will be bigger than this year.
00:09
The bill includes over $500 billion in new spending,
00:13
and at the end, to get the vote of the Alaska senator,
00:16
billions and billions and billions more were added.
00:21
At least $50 billion was added for a hospital fund in the end.
00:25
We don't have any of that money. All of it's borrowed.
00:27
All of that spending will have to be borrowed,
00:30
and this bill will lead to a much greater deficit over time,
00:34
and I don't believe it's seriously responsible.
00:36
Did they try and convince you to vote for the bill by trying to do something different with the debt ceiling?
00:41
I had told them all along that I would consider voting for it
00:44
if we separated out the debt ceiling or reduced it.
00:47
A couple weeks ago, I offered to extend the debt ceiling for three months,
00:51
which is about $500 billion.
00:52
I offered that again, and there was a time in which they had to make a decision
00:57
dealing with me and reducing the debt ceiling or giving pork and subsidies to Alaska.
01:04
They chose to add more pork and subsidies for Alaska to secure that vote.
01:09
You talked to your House colleagues.
01:10
Do you think there could be some that will vote against this?
01:13
I think they're going to look at it and see that it's much less conservative
01:16
than it started out to be, and it's going to add much more to the debt.
01:19
And so I think without question, this is not a fiscally conservative bill,
01:24
and if you're someone who thinks the debt is a problem,
01:27
I don't see how you could vote for this in the House.
01:28
What do you make of the process overall?
01:30
Do you think it was too rushed, sir?
01:31
Go ahead.
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