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Cinnamon

Rand Paul gets Senate vote on auditing the Fed

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 Cinnamon    21,855

Good luck with that! 

 

Washington (CNN)Sen. Rand Paul's struggling presidential campaign is getting a boost from Senate Majority Leader Mitch McConnell, who scheduled a vote for Tuesday on a top priority of Paul's: a bill to audit the Federal Reserve.

The Senate will vote on whether to take up the legislation, which is popular with many conservative voters. It's expected to fall short of the 60 votes needed to begin debate but nevertheless could draw attention to the Kentucky libertarian ahead of Thursday's Republican presidential debate.

Using his power as majority leader, McConnell made Paul's bill the first legislative item of the New Year. It comes weeks before presidential voting begins in the critical Iowa caucuses where Paul is polling at just 2 percent, according to a new Quinnipiac poll released Monday.

The measure has 25 co-sponsors in the Senate including McConnell, who backs Paul for president, Majority Whip John Cornyn of Texas, as well as Paul's rival's for the White House, Sens. Marco Rubio of Florida and Ted Cruz of Texas.

The new audits, which would be more expansive than currently allowed, "would bring to an end the Federal Reserve's unchecked -- and even arguably unconstitutional -- power in the financial markets and the economy," Paul argued in a Time commentary published Monday.

<snip>

http://www.cnn.com/2016/01/11/politics/audit-the-fed-rand-paul/

 

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 Quick1966    1,185
26 minutes ago, Cinnamon said:

Good luck with that! 

 

Washington (CNN)Sen. Rand Paul's struggling presidential campaign is getting a boost from Senate Majority Leader Mitch McConnell, who scheduled a vote for Tuesday on a top priority of Paul's: a bill to audit the Federal Reserve.

The Senate will vote on whether to take up the legislation, which is popular with many conservative voters. It's expected to fall short of the 60 votes needed to begin debate but nevertheless could draw attention to the Kentucky libertarian ahead of Thursday's Republican presidential debate.

Using his power as majority leader, McConnell made Paul's bill the first legislative item of the New Year. It comes weeks before presidential voting begins in the critical Iowa caucuses where Paul is polling at just 2 percent, according to a new Quinnipiac poll released Monday.

The measure has 25 co-sponsors in the Senate including McConnell, who backs Paul for president, Majority Whip John Cornyn of Texas, as well as Paul's rival's for the White House, Sens. Marco Rubio of Florida and Ted Cruz of Texas.

The new audits, which would be more expansive than currently allowed, "would bring to an end the Federal Reserve's unchecked -- and even arguably unconstitutional -- power in the financial markets and the economy," Paul argued in a Time commentary published Monday.

<snip>

http://www.cnn.com/2016/01/11/politics/audit-the-fed-rand-paul/

 

Yup! It's just a dog and pony show. All those guys know that there's nothing but air in Fort Knox! Well maybe some cobwebs.

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