Senator Rand Paul Questions the Logic of America Borrowing from China to Finance $40 Billion in Aid to Ukraine

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    Senator Rand Paul (R-KY), who has strong opinions as the U.S. Senate is poised to approve legislation that will provide $40 billion in economic and military aid to Ukraine. In the meantime, Americans are struggling with the effects of rising inflation and food shortages. Paul “single-handedly” worked to block the Ukraine package, saying that it would require an inspector general to make sure all the millions of dollars were well spent.

    Paul has stated that America must keep borrowing money from China to finance the Ukraine aid package. “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 Marlow.

    Paul was among eleven Senate Republicans who voted against the Ukraine aid package. These included Senators Josh Hawley (R-MO), Mike Crapo (R-ID), Bill Hagerty (R-TN), Mike Braun (R-IN), Marsha Blackburn (R-TN), John Boozman (R-AR), Roger Marshall (R-KS), Cynthia Lummis (R-WY), and Tommy Tuberville (R-AL).

    The Ukraine aid procedural vote is an uneasy balance between the establishment Republican opinions on foreign policy that favor more active intervention in foreign affairs and populist senators, such as Paul, who consider it important for America not to get involved in endless conflicts and wars in the international arena.

    Paul stated that Republicans' role in America's deficit discredits their claim that President Joe Biden is solely responsible for the soaring inflation that has been a hallmark of his presidency. The Kentucky senator stated, “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 have accumulated more than $100 billion of new debt, along with Democrats, by providing direct subsidies to semiconductor companies and increasing their contributions to the National Science Foundation, one of the most wasteful institutions in Washington. Paul expressed his displeasure during the interview with the Republicans who are now gathering to provide $48 billion in coronavirus aid to restaurants, despite the fact that most coronavirus lockdowns have been averted for a minimum of one year.

    The Kentucky senator pointed out that a lot of Republicans and Democrats were in favor of the inspector general having oversight over the tens of billions of dollars in Ukraine aid. However, Senate Minority Chairman Chuck Schumer (D-NY) pushed senators to reject Paul's plan due to the fact that the inspector general will have to be “ruthless” with the spending. Paul declared that it's good to hold the position of a “zealous guardian” of taxpayers' money.

    Marlow asked why Republicans, although they sound like Paul in their discourse, would decide to borrow money from China to transfer cash to Ukraine. Paul declared that the “bipartisan consensus” is to ensure that Republicans vote in favor of more military spending and that Democrats raise spending on social welfare. “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 explained.

    He concluded, “What we've done is given away the farm to make us weaker.”

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