Senator objects to 9/11 compensation fund bill over cost

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Senator objects to 9/11 compensation fund bill over cost
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Sen. Rand Paul objected to passing a 9/11 victim's compensation bill, raising questions about how to pay for the fund which will continue through 2090.

Senate Minority Leader Chuck Schumer is warning against any roadblocks to passing a 9/11 victims compensation bill after Sen. Rand Paul objected to passing the measure over how much the bill would cost.

But when Senator Kirsten Gillibrand, D-N.Y., attempted to pass the bill in the Senate on Wednesday by unanimous consent, Sen. Rand Paul, R-Ky., objected, raising questions about how to pay for the fund, which will continue through 2090. "Is the great American tradition of helping those who helped us in war time ... over?" Schumer shouted."I don’t hear Rand Paul get up on the floor and say we have to pay for the entire defense budget with the money for our soldiers. Why is he doing it now? For these first responders, they are no different than our soldiers!"

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have been engaged in a debate over raising the debt ceiling, which must be done before Congress's August recess to avoid a possible default, which could roil the economy.

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