• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Still a no: Rand Paul says $5T debt increase in ‘Big, Beautiful Bill’ a deal-breaker

by June 3, 2025
written by June 3, 2025
NEWYou can now listen to Fox News articles!

Sen. Rand Paul, R-Ky., said the debt limit increase included in the One Big Beautiful Bill Act is still a deal-breaker for him, saying it goes against conservative values, despite discussions with President Donald Trump about his concerns. 

Paul told reporters on Monday that the bill will increase the debt ceiling by $5 trillion, the largest debt increase in the U.S.

‘We have never raised the debt ceiling without actually meeting that target,’ he said. ‘So you can say it doesn’t directly add to the debt, but if you increase the ceiling $5 trillion, you’ll meet that. And what it does is it puts it off the back-burner. And then we won’t discuss it for a year or two.’

‘So I think it’s a terrible idea to do this,’ he added. 

Paul said he spoke with Trump about his concerns over the legislation during a ‘lengthy discussion,’ but that Trump ‘did most of the talking.’ 

‘I’ve told him I can’t support the bill if they’re together,’ Paul said. ‘If they were to separate out and take the, debt ceiling off that I very much could consider the rest of the bill.’

Paul noted that Congress voted to continue spending to avert a government shutdown. 

‘During the campaign, Republicans said they were against Bidennomics and Bidenflation and Biden spending. When March, we renewed the Biden’s spending levels,’ Paul said. ‘So the spending levels we live under now are Biden-GOP spending levels. They’ve all come into agreement.’

‘But come the end of September, when our fiscal year ends, the deficit is going to be $2.2 trillion. That’s just not conservative,’ he added. ‘They’re borrowing 5 trillion. That means they’re anticipating the following year being over 2 trillion as well. So it’s just not a conservative thing to do.’

Over the weekend, Trump warned Paul would be ‘playing right into the hands of the Democrats’ if he votes against the bill.

‘If Senator Rand Paul votes against our Great, Big, Beautiful Bill, he is voting for, along with the Radical Left Democrats, a 68% Tax Increase and, perhaps even more importantly, a first time ever default on U.S. Debt,’ he wrote on his Truth Social platform. 

‘Rand will be playing right into the hands of the Democrats, and the GREAT people of Kentucky will never forgive him! The GROWTH we are experiencing, plus some cost-cutting later on, will solve ALL problems. America will be greater than ever before!’ he added. 

Next week, Senate Republicans will get their turn to go through the bill and are eying changes that could be a hard sell for House Speaker Mike Johnson, R-La.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
LIZ PEEK: Trump must stay strong, US reliance on Chinese minerals and drugs puts Americans at risk
next post
FBI calls for public tips on children hurt in ‘gender-affirming’ surgeries

related articles

Biden camp skipped Super Bowl interview amid Robert...

August 8, 2025

Steve Bannon has two-word answer to dismiss 2028...

August 7, 2025

Biden camp skipped Super Bowl interview amid Robert...

August 7, 2025

$93 million in aid to fight malnutrition headed...

August 7, 2025

Who is Anita Dunn? The Biden confidante who...

August 7, 2025

Republican senator claims RFK Jr. mRNA vaccine decision...

August 7, 2025

Veteran Biden insider Anita Dunn appears in House...

August 7, 2025

Veteran Biden insider Anita Dunn to appear in...

August 7, 2025

Trump-Putin meeting agreed upon ‘in principle,’ Kremlin aide...

August 7, 2025

Junk food banned from SNAP benefits in 6...

August 7, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Supreme Court to hear case on LGBTQ-themed storybooks and parents’ right to opt out

    April 22, 2025
  • The Post endorses Donald Trump for president — the clear choice for a better future

    October 25, 2024
  • Rent the Runway: Fashion Leader with Stock on the Rise

    August 27, 2024
  • GOP says Dems admit ‘guilt’ in Biden health cover-up by boycotting Senate hearing on ‘constitutional scandal’

    June 18, 2025
  • Religious slaughter in Syria shows need for US, Europe to ‘keep a close eye’ on Islamist regime: Greek FM

    March 10, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,660)
  • Investing (634)
  • Stock (876)

Latest Posts

  • JASON CHAFFETZ: How did Trump do it?

    November 6, 2024
  • Iran becoming ‘much more aggressive’ in nuclear talks, Trump tells Fox News

    June 10, 2025
  • Government shutdown narrowly avoided after Republicans, Democrats make funding deal

    September 22, 2024

Recent Posts

  • Garth Brooks, Trisha Yearwood’s friendship with President Carter spanned years: ‘They’ve inspired us’

    January 10, 2025
  • Democrat lawmaker freezes on House floor after suffering adverse reaction to medication

    February 11, 2025
  • How will DeSantis, Youngkin and other 2028 hopefuls stay relevant outside the Trump administration?

    January 19, 2025

Editor’s Pick

  • Interview: ‘No one, not even us, can see what you are doing’ — NymVPN’s CSO ahead of launch

    March 3, 2025
  • Senate unanimously passes bill bolstering presidential candidates’ Secret Service protection

    September 24, 2024
  • Trump, Zelenskyy to meet for key deal as NATO allies, Russia wait, watch

    February 28, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock