Rand Paul Highlights the Ridiculous Things Our Government Is Spending Our Money On – RedState

We’re sinking into debt at an unprecedented price and lots of of our elected officers in Washington appear to suppose that this isn’t one thing to be nervous about.

Kentucky Sen. Rand Paul is, although, and he has some issues to say about it. Not solely that, he desires to level out to his colleagues and the American individuals what it’s we’re spending enormous chunks of money on that assist drive us additional and additional into the opening.

“We’re quickly approaching a milestone in our nation, and it’s not a superb one: $30 trillion in debt,” Paul stated throughout a Senate flooring speech.

Paul famous that we’re accumulating debt at about $2 million a minute, however we usher in $3.8 trillion a 12 months in taxes and extra in a month than the rate of interest of $300 billion. It left Paul asking why we will’t pay the curiosity, however he already knew the reply. We’re overspending because of ridiculous expenditures and authorities guarantees.

Sen. @RandPaul: “We’re quickly approaching $30 trillion in debt. […] We’re really accumulating debt on the price of over $2 million per minute.” pic.twitter.com/wPTejlxjoJ

— The Hill (@thehill) October 10, 2021

As an illustration, Paul highlights how the U.S. authorities dropped one million {dollars} simply to see if Japanese quail turn into extra sexually promiscuous to one another on cocaine…and that’s not the one examine. Paul indicated that there’s a myriad of research we’re losing cash on identical to that one and whereas it’s principally Democrats voting for funding these sorts of research, it’s additionally massive authorities Republicans signing the checks.

Paul additionally revealed a $70 million we paid for a lodge to be inbuilt Kabul that ended with the contractor working off with the cash with out constructing something. There was additionally $48 million spent on a “‘pure fuel’ fuel station” in a distant space of Afghanistan.

Wasteful expenditures identical to these are taking place way more usually than we’re advised and have been taking place for a while. Paul notes an “artwork” exhibit put up in Afghanistan the place ladies have been put in entrance of a urinal and requested to react to it.

A whole lot of the difficulty isn’t simply odd expenditures. Most of it’s chewed up by this concept that cash grows on timber and debt doesn’t matter, as Paul highlighted in response to FEE.org:

“Individuals are saying we’re going to offer you free faculty, free vehicles, free cell telephones, free this, free that,” Paul stated. “Every thing in life might be free, you received’t should work anymore. The issue is there are ramifications. Cash doesn’t develop on timber… cash’s acquired to return from someplace.”

“Both we borrow it… we tax individuals for it, or we merely print the cash,” he continued. “When the Federal Reserve prints the cash, as we enhance the cash provide, the cash we have already got turns into value much less and fewer. It loses its buying energy. That is the insidious tax of inflation. Inflation is a regressive tax… it impacts the working class, decrease earnings individuals, and people on mounted incomes, a lot worse.”

Paul warned that if we’re no more cautious, “we’re going to spend this nation into oblivion.”

He’s not improper.