Republican Senator Rand Paul revealed to Breitbart news that in order to supply Ukraine with $40 billion in aid, the U.S. has to borrow the money from China.
Breitbart News Daily host Alex Marlow spoke with Senator Paul as the legislation to send $40 billion in military and economic aid to Ukraine makes its way through Congress – despite mass food shortages and dangerously high inflation here at home.
Paul has acted to “single handedly” hold up the Ukraine package, calling for the package to have an inspector general to ensure that the billions of dollars are spent appropriately.
The senator noted that many Republicans and Democrats liked the idea of having an inspector general have oversight on the tens of billions of Ukraine aid; however, Senate Majority Leader Chuck Schumer (D-NY) pushed senators away from Paul’s proposal because the inspector general would be “ruthless” with the spending.
Paul said that it is a good idea to have a “zealous guardian” of the taxpayers’ money.
Paul also noted that in order to fund that Ukraine aid package, America would have to continue borrowing from China.
“I think it’s important to know that we don’t have any money to send, we have to borrow money from China to send it to Ukraine. And I think most people kind of get that, and many Republicans will say that when it’s a new social program, but if it’s military aid to a country, they’re like we can borrow that, that’s a justified borrowing,” Paul explained to the Breitbart host.
Paul was one of the 11 Senate Republicans to vote against advancing the Ukraine aid package in the Senate.
Paul said that the Republicans who voted in support of the package have contributed to America’s deficit and this undermines their argument that President Joe Biden is solely responsible for the rampant inflation under his administration.
The Kentucky senator said, “The problem is that it all leads to inflation, so it kind of hurts the Republican argument that Biden’s spending and Biden’s debt leads to inflation, except for when it’s bipartisan spending and that doesn’t really count.”
Republicans added over $100 billion in new debt with Democrats in providing direct subsidies to semiconductor companies and also by increasing the National Science Foundation, one of the most wasteful organizations in Washington.
Paul further added that many Republicans are now lining up to grant $48 billion in coronavirus relief to restaurants, even though most coronavirus lockdowns have been over for at least a year.
Marlow asked why so many Republicans, even though they sound like Paul in terms of rhetoric, often vote to borrow from China to send money to Ukraine.
Paul said the “bipartisan consensus” is to have Republicans vote for increased military spending, and Democrats boost social welfare spending.
“This is the bipartisan consensus right now on Ukraine. Republican and Democrat leadership are exactly the same. So they get together. But in order to get together to get this, it’s guns and butter, you look at the $40 billion, it’s a lot of guns, but in order to get the gun they had to give out a lot of butter and so there’s a lot of spending going to European countries for food throughout the world,” Paul said.
He added, “What we’ve done is given away the farm to make us weaker.”