Sen. Paul blocks a bipartisan bill that would ensure a victims' compensation fund related to the Sept. 11 attacks never runs out of money; Paul argues that any new spending should be offset by corresponding cuts.
Paul, R-Ky., questioned the bill's 70-year time frame and said any new spending should be offset by corresponding cuts. The government already faces a $22 trillion debt, a figure that grows every year, Paul said.
The bill would extend through 2092 a victims compensation fund created after the 2001 terrorist attacks, essentially making it permanent. The $7.4 billion fund is rapidly being depleted, and administrators recently cut benefit payments by up to 70%. In the months after the attacks, first responders cleaned up the aftermath, breathing in toxic air amid smoke, burning metal, crushed glass and electronics and other hazards.
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