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House approves Ron Paul's 'Audit the Fed' bill
House approves Ron Paul's 'Audit the Fed' bill [message #267713] |
Thu, 18 September 2014 13:47 |
CyberkNight
Messages: 1606 Registered: July 2012
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Former Rep. Ron Paul's push to audit the Federal Reserve got another boost Wednesday when the House passed the bill for the second time in three years, and by a bigger margin than before.
The bill, now sponsored by Rep. Paul Broun, Georgia Republican, was approved on a 333-92 vote, with all but one Republican and 106 Democrats in favor of it. That's a major jump from last time, when a majority of Democrats voted against it.
Still, despite the overwhelming support, the law is likely to die. Senate Majority Leader Harry Reid, who had previously indicated support for such an audit, reversed himself in 2012 and said he wouldn't let the bill come to to the Senate floor.
Mr. Paul, a long-time congressman who twice ran for the GOP's presidential nomination, made auditing the Fed one of his chief campaign issues, and it regularly drew loud applause from his followers.
Full article: http://www.washingtontimes.com/news/2014/sep/17/house-approv ed-ron-pauls-audit-fed-bill/
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