Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Politics

Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

by admin June 3, 2025
June 3, 2025
Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker
NEWYou can now listen to Fox News articles!

Sen. Rand Paul, R-Ky., said the debt limit increase included in the One Big Beautiful Bill Act is still a deal-breaker for him, saying it goes against conservative values, despite discussions with President Donald Trump about his concerns. 

Paul told reporters on Monday that the bill will increase the debt ceiling by $5 trillion, the largest debt increase in the U.S.

‘We have never raised the debt ceiling without actually meeting that target,’ he said. ‘So you can say it doesn’t directly add to the debt, but if you increase the ceiling $5 trillion, you’ll meet that. And what it does is it puts it off the back-burner. And then we won’t discuss it for a year or two.’

‘So I think it’s a terrible idea to do this,’ he added. 

Paul said he spoke with Trump about his concerns over the legislation during a ‘lengthy discussion,’ but that Trump ‘did most of the talking.’ 

‘I’ve told him I can’t support the bill if they’re together,’ Paul said. ‘If they were to separate out and take the, debt ceiling off that I very much could consider the rest of the bill.’

Paul noted that Congress voted to continue spending to avert a government shutdown. 

‘During the campaign, Republicans said they were against Bidennomics and Bidenflation and Biden spending. When March, we renewed the Biden’s spending levels,’ Paul said. ‘So the spending levels we live under now are Biden-GOP spending levels. They’ve all come into agreement.’

‘But come the end of September, when our fiscal year ends, the deficit is going to be $2.2 trillion. That’s just not conservative,’ he added. ‘They’re borrowing 5 trillion. That means they’re anticipating the following year being over 2 trillion as well. So it’s just not a conservative thing to do.’

Over the weekend, Trump warned Paul would be ‘playing right into the hands of the Democrats’ if he votes against the bill.

‘If Senator Rand Paul votes against our Great, Big, Beautiful Bill, he is voting for, along with the Radical Left Democrats, a 68% Tax Increase and, perhaps even more importantly, a first time ever default on U.S. Debt,’ he wrote on his Truth Social platform. 

‘Rand will be playing right into the hands of the Democrats, and the GREAT people of Kentucky will never forgive him! The GROWTH we are experiencing, plus some cost-cutting later on, will solve ALL problems. America will be greater than ever before!’ he added. 

Next week, Senate Republicans will get their turn to go through the bill and are eying changes that could be a hard sell for House Speaker Mike Johnson, R-La.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk
next post
FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

Related Posts

Trump defends embattled AG Pam Bondi, says ‘nobody...

July 13, 2025

More lawmakers say they’re rejecting paychecks as government...

October 6, 2025

Mexico sues Google for changing ‘Gulf of Mexico’...

May 10, 2025

Senate Republicans plot longer-term funding bill as government...

November 4, 2025

Trump threatens lawsuit over ‘blue slips’ as top...

August 26, 2025

Kamala Harris underperformed Biden’s numbers with women. South...

November 8, 2024

Trump has Mexico on the ropes

March 19, 2025

Israeli forces seize documents that reveal Hamas plan...

October 15, 2024

US bombers strike Yemen weapons facilities controlled by...

October 17, 2024

Biden exiting race but serving out term would...

July 10, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • China’s missile surge puts every US base in the Pacific at risk — and the window to respond is closing

      December 15, 2025
    • MIKE DAVIS: Clinton-appointed judge once again sabotages DOJ’s Comey case

      December 15, 2025
    • Erika Kirk agrees to ‘private discussion’ with Candace Owens amid rising tensions

      December 15, 2025
    • Locksley Resources LimitedLt. Gen.Schwartz to Advance US Defense Strategy

      December 15, 2025
    • Uranium Price Forecast: Top Trends for Uranium in 2026

      December 15, 2025

    Categories

    • Business (1,143)
    • Investing (3,696)
    • Politics (4,480)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved