Sen. Rand Paul To Force Senate Vote On Budget-Slashing ‘Penny Plan’ Bill

By  //  April 24, 2018

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would mandate cuts of federal budget for five consecutive years

ABOVE VIDEO: Sen. Rand Paul, (R-Ky.), on calls to rein in government spending, tax reform and the Iran nuclear deal.

(FOX BUSINESS) – Sen. Rand Paul plans to force a vote in the upcoming weeks on his “Penny Plan”, which would mandate cuts of the federal budget for five consecutive years, in hopes of curtailing spending in Washington and reducing skyrocketing national debt.

The plan, which the Kentucky Republican introduced last week, reduces spending by cutting 1% of every governmental program each year for the next five years. The Senate will be forced to vote on the bill within the next week or so, Paul said.

“The Penny Plan, I think, is easier to get broad, bipartisan support for, because it doesn’t cut all of one program, it cuts 1% of every program,” Paul told FOX Business’ Maria Bartiromo during an interview on Tuesday. “And frankly, I think there’s enough waste, even in the military, to cut 1% of it and make government more efficient.”

Paul, a fiscal conservative, has been a vocal opponent of the $1.3 trillion spending measure that will fund the government through September, criticizing the White House — and Republicans who supported it — for contributing to the staggering $21 trillion national debt.

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