Cost of Iran War Puts Country at Risk, Paul Says

Summary

Senator Rand Paul argues that the cost of the Iran war is fiscally irresponsible and that U.S. debt is the biggest national security threat, risking currency devaluation. He criticizes a 50% military spending increase without a congressional vote, notes that militarization of the Strait of Hormuz has left the country worse off, and highlights cumulative 25% inflation that is pinching households. A deal, he says, would require trading sanctions relief for enriched uranium removal.

• Paul says U.S. debt is the greatest national security threat and could devalue the currency.
• He calls a 50% military spending increase 'absolutely irresponsible' and notes Congress never authorized the Iran war.
• Strait of Hormuz militarization has made the situation worse, and bombing alone won't bring a resolution.
• He points to 25% cumulative inflation over five years and widespread loss of purchasing power.
• A potential deal would involve trading sanctions relief for removal of enriched uranium, but many in his party oppose any deal.