LTE: Reminder: Rand Paul voted for tax cuts for wealthy that increased U.S. deficit
Unbalanced budget
When U.S. Sen. Rand Paul first ran for the Senate he claimed that he was going to balance the budget. So how is he doing? Well, the National Debt was about $13.5 trillion when he took office and now it has more than doubled to $31 trillion.
Im sure Paul will say it was out of his control. Not even close. Paul voted for the Trump tax cuts, one of the most fiscally irresponsible laws in the history. The Trump tax cuts mainly benefited the richest Americans. The Trump tax cuts did not stimulate the economy. Trump had budget deficits over $1 trillion every year and Rand Paul voted for all of them.
The deficits are real money that someday will have to be repaid. For now it is a massive transfer of wealth from our kids and future kids to the richest Americans. In turn, those rich people shower millions in donations to the politicians like Paul to keep making the rich wealthier at everyone elses expense.
https://www.yahoo.com/news/reminder-rand-paul-voted-tax-121532086.html