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.
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