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Bipartisan Senate Effort Predictably Kills Rand Paul's Plan to Balance the Federal Budget
Reason ^ | June 3, 2019 | Eric Boehm

Posted on 06/09/2019 11:30:44 AM PDT by Tolerance Sucks Rocks

This year, Sen. Rand Paul's (R–Ky.) effort to balance the federal budget didn't even get a floor vote in the Republican-controlled Senate.

Paul's so-called "Pennies Plan" failed a procedural vote on Monday evening when only 22 senators voted in favor of a cloture motion that would have brought the bill to a final vote. A majority of Republicans and all Democrats voted against proceeding to a floor vote on the bill. It's another sign that fiscal responsibility is all but dead in Congress, even as the national debt heads toward record highs and the budget deficit approaches $1 trillion this year.

"We teach our children that money doesn't grow on trees, and then they grow up watching politicians pretend otherwise," Paul said before the vote. "Meanwhile, our debt soars past $22 trillion, endangers our country, and artificially limits what our nation can achieve."

Paul's proposal called for cutting 2 percent from the federal budget for each of the next five years and would reduce federal spending by about $11 trillion over the next decade—even though spending would rise after the first five years. It's an adaptation of the so-called "Penny Plan" that Paul has been pushing for several years, though he now says an additional penny in cuts for every federal dollar spent is necessary to get the budget to balance.

Indeed, the gap between what the federal government spends and what it takes in is growing wider. During the first seven months of the current fiscal year, which began in October 2018, the federal government ran a $531 billion deficit. That's a 38 percent increase over the same period of time last year.

(Excerpt) Read more at reason.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Editorial; Government; News/Current Events; Politics/Elections; US: Kentucky
KEYWORDS: balancedbudget; bipartisan; budget; cloture; collapse; debt; deficit; democrats; economy; fiscalpolicy; gop; kentucky; penniesplan; progressivism; randpaul; senate; socialism; spending
Two wings of the same bird of prey.
1 posted on 06/09/2019 11:30:44 AM PDT by Tolerance Sucks Rocks
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To: Tolerance Sucks Rocks

if paul wasn’t such a colossal dick and obsessed with the size of his own radar blip, he much have been able to gather more support.


2 posted on 06/09/2019 11:35:50 AM PDT by JohnBrowdie
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To: Tolerance Sucks Rocks

Uniparty. == democrats + republican “leadership”


3 posted on 06/09/2019 11:37:45 AM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Tolerance Sucks Rocks

It’s time to kill the $3+ trillion 80%+ unconstitutional portion of this federal beast - deadly if it is ever able to use all its approved but unconstitutional powers to snuff out the Constitution and the individual freedom it protects.

KILL IT BEFORE IT KILLS US!!!!!

THAT will fix the budget just fine and and dandy.


4 posted on 06/09/2019 11:40:54 AM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ and our Free Constitutional Republic!)
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To: Tolerance Sucks Rocks

Spending is morality to those in lust with the power they get through spending.


5 posted on 06/09/2019 11:41:54 AM PDT by Rurudyne (Standup Philosopher)
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To: Tolerance Sucks Rocks

6 posted on 06/09/2019 11:48:45 AM PDT by C210N (You can vote your way into Socialism; but, you have to shoot your way out of it.)
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To: JohnBrowdie

“if paul wasn’t such a colossal dick and obsessed with the size of his own radar blip, he much have been able to gather more support.”

Paul consistently tells everyone else to go urinate up a rope so it’s no surprise he gets no support from anyone.


7 posted on 06/09/2019 11:48:50 AM PDT by Bayan
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To: Tolerance Sucks Rocks

Paul is just about the only one in the federal government that believes in limited government.


8 posted on 06/09/2019 11:52:59 AM PDT by Dandy (Drain the swamp baby!!!)
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To: JohnBrowdie
if paul wasn’t such a colossal dick and obsessed with the size of his own radar blip, he much have been able to gather more support.

You mean the Randstander? (not original to me but pretty good)

9 posted on 06/09/2019 11:57:23 AM PDT by semimojo
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To: Dandy

That sounds about right — since very few AMERICANS believe in limited government.


10 posted on 06/09/2019 11:57:47 AM PDT by Alberta's Child ("Knowledge makes a man unfit to be a slave." -- Frederick Douglass)
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To: Alberta's Child

We ought to take 10% per year forever.


11 posted on 06/09/2019 12:02:01 PM PDT by Dandy (Drain the swamp baby!!!)
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To: Alberta's Child

True and many here don’t care or give tepid support to limited government.

We’ve been beaten by the welfare state/police state coalition.


12 posted on 06/09/2019 12:03:58 PM PDT by grumpygresh
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To: Tolerance Sucks Rocks

“Fiscal conservatives” at work.


13 posted on 06/09/2019 12:44:33 PM PDT by ArcadeQuarters ("Immigration Reform" is ballot stuffing)
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To: JohnBrowdie

Bullshit. Neither party has any interest in balancing the federal budget irregardless of whether Rand Paul is a dick or not. These people don’t work for us, and of the ~535 dicks in Congress Rand Paul is the one I worry least about.


14 posted on 06/09/2019 12:48:15 PM PDT by Lurker51
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To: C210N

I agree. It’s about the last thing available before resorting to the 4th box.


15 posted on 06/09/2019 1:10:50 PM PDT by Tolerance Sucks Rocks (The Modern Democrat Party: America's largest hate group.)
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To: JohnBrowdie

I would like to think that the GOP-e could overcome Paul’s inflated ego and their spending “needs” and stand with him on principle.

But fortunately, I’m smarter than that.


16 posted on 06/09/2019 1:12:19 PM PDT by Tolerance Sucks Rocks (The Modern Democrat Party: America's largest hate group.)
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To: Tolerance Sucks Rocks

Increase the debt. Let the young people pay it back and deal with the carrying costs. That is what they want.


17 posted on 06/09/2019 1:49:18 PM PDT by ActresponsiblyinVA
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To: Tolerance Sucks Rocks

“It’s another sign that fiscal responsibility is all but dead in Congress”

Congress has become a self sustaining disease.


18 posted on 06/09/2019 2:07:26 PM PDT by antidemoncrat (yawn)
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