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IPFS News Link • Government Debt & Financing

Doesn't Anyone Care About Deficits Anymore?

• bloomberg.com, By Peter Coy and Sahil Kapur

Rand Paul, the Kentucky senator, made a nuisance of himself the night of Feb. 8 when he tried to shame fellow Republicans into voting down a $300 billion spending increase. He asked, "If you were against President Obama's deficits and now you're for the Republican deficits, isn't that the very definition of hypocrisy?" He put up a series of posters of allegedly wasteful federal spending, including a $356,000 scientific study that he said was designed to determine "whether Japanese quail were more promiscuous on cocaine." And he refused to allow a vote before the midnight deadline for budget extension, forcing a technical shutdown of the federal government that lasted several hours.


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