Sen. Rand Paul took Democrats to task during a Thursday interview on Fox Business, slamming the party for its multi-trillion-dollar spending measures including the “Build Back Better” plan.
Democrats in the House are looking to pass a plethora of spending bills including the $1.75 trillion BBB plan and a Defense Authorization Bill that is north of $700 billion, even as they debate a stopgap spending measure aimed at keeping the government operating past a Friday midnight deadline.
“When we passed the last spending bill in September, we knew this date was coming. The Democrats have done nothing,” Paul told Maria Bartiromo.
“They’ve not introduced a spending bill, and I don’t even think it’s passed the House yet… they’re going to do it on the last day. Well, things in the Senate take about a week to pass, and that’s the normal procedure around here… that includes amendments,” he continued.
“If they want to force it through with no amendments and they want to do it in a short period of time, they have to have unanimous consent. Well, a lot of us don’t consent… just because the Democrats are incompetent and haven’t brought it forward that we should speed up time to let them spend more money that is bankrupting our country,” the Kentucky Republican added.
“The debt ceiling is the same way; we move the debt ceiling back two months, about a month ago or so, it’s going to be coming up in the next week or two. They’ve had plenty of time to go to committee, to do all the things they need to do to do it through reconciliation,” he said.
“Instead, they’re going to wait to the last minute and ask people like me, who are dead set against raising the debt ceiling, like, say, ‘Oh, can you pretty, pretty please speed it up and let only Democrats pass this?’
“No. If they want to raise the debt ceiling, they ought to do it. They’ve had plenty of time to do it. This is all on Democrats, it’s their incompetence in getting anything done. These people couldn’t run a 7-Eleven, much less the government,” he noted further.
At the end of November, Treasury Secretary Janet Yellen told Congress that the debt ceiling — which was temporarily suspended by Congress in 2019 — must be raised by December 15 to prevent a government credit crunch.
“While I have a high degree of confidence that Treasury will be able to finance the U.S. government through December 15 and complete the Highway Trust Fund investment, there are scenarios in which Treasury would be left with insufficient remaining resources to continue to finance the operations of the U.S. government beyond this date,” she said in a letter to House Speaker Nancy Pelosi, D-Calif., in a letter.
“As the federal government’s cash flow is subject to unavoidable variability, I will continue to update Congress as more information becomes available,” Yellen added.