The Washington Examiner reports that liberty conservative Rand Paul ripped the new $2.7 trillion budget deal on July 31, 2019.
In a Senate speech, he called out both parties for their fiscal recklessness.
“Both parties have deserted – have absolutely and utterly deserted – America and show no care and no understanding and no sympathy for the burden of debt they are leaving the taxpayers, the young, the next generation, and the future of our country. The very underpinnings of our country are being eroded and threatened by this debt,” declared Paul.
Additionally, Paul claims that the deal cut between Democrats and President Trump “marks the death of the Tea Party movement in America.”
Paul concluded, “Today is the final nail in the coffin. The Tea Party party is no more.”
Paul was attacking the budget deal which passed out of the Senate today. It is expected to raise spending by $324 billion and suspend the debt ceiling until July 2021.
In exchange, the Trump administration was promised by congressional Democrats that they wouldn’t try to roadblock spending on immigration and they also promised additional spending for the military.
The Tea Party movement began in 2009 when CNBC reporter Rick Santelli, on the floor of the Chicago Mercantile Exchange, called out President Barack Obama’s spending spree.
He then called for a “tea party” revolt against this big spending.
Rand Paul would later be elected in 2010 and establish himself as one of the fiercest proponents of limited government in the U.S. Senate.