Rand Paul proposes innovative amendment to fund benefits of veterans
By
Washington Examiner Staff
September 23, 2024 7:43 am
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Sen. Rand Paul (R-KY) proposed an innovative way to ensure that military veterans receive their benefits.
Last week, Paul offered an amendment that would transfer government waste into a fiscal responsible way of funding the benefits of the country’s veterans. According to a press release, this involved eliminating loan guarantees that were set aside for green energy loans through the Department of Energy for $2.9 billion.
“Washington’s fiscal recklessness is putting the American dream out of reach for millions of Americans,” Paul said on the Senate floor last week. “Historically high rates of inflation have made every American poorer. As families across this country struggle to put food on the table, Washington seems content to continue spending without regard to the consequences.”
“But sometimes the consequences are too shameful to ignore,” said Paul. “Congressional spending and financial mismanagement at the Department of Veterans Affairs are the latest examples, with both resulting in a $2.9 billion shortfall threatening the benefits of millions of veterans.”
“Our veterans should not pay the cost for the federal government’s incompetence,” the senator said.
“My amendment is simple. It pays for our veterans’ care by rescinding $2.9 billion in Department of Energy loan guarantees,” Paul declared.
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