Rand Thinks Ron’s Audit the Fed Will Pass House

And is hopeful for a Senate vote. Reports Newsmax:

Kentucky Sen. Rand Paul tells Newsmax.TV that “the Federal Reserve needs oversight” and expects a full vote in the U.S. House of Representatives on legislation that would grant congressional oversight of the independent central bank.

“We need to have checks and balances,” the first-term Republican told Newsmax. “They are an agency that, basically, has destroyed 96 percent of the value of our currency over the last 100 years or so.

“We need to do something to have congressional oversight over what they do.”

On Wednesday, the House Oversight and Government Reform Committee voted unanimously to authorize an investigation of the Fed to make it more accountable to lawmakers.

The measure was sponsored by Texas Republican Rep. Ron Paul, a longtime Fed critic — and Rand’s father.

Sen. Paul introduced similar legislation in January 2011.

“I think it will pass the full House,” Rand Paul said of measure’s future prospects. He’s hoping for a vote this summer.

“There are many who don’t want to have a vote because they fear that a vote will pass. … We just have to get a vote.”

In the Senate, Paul said he’s “doing everything I can possibly do to get a vote. But over in the Senate, it’s just like pulling teeth just to get a vote on anything.

“I think there’s some chance I can get a vote in the Senate…”

Source: Paulitical Ticker with Jack Hunter

Breaking News on Audit the Fed

Dear friend of liberty,

This is it!

Earlier today, I received word that Audit the Fed (H.R. 459) is now scheduled for a vote this July in the U.S. House of Representatives!

This historic moment is only possible thanks to your relentless pressure.  Now we must turn up the heat to secure victory – first in the House and then in Harry Reid’s U.S. Senate.

That's why I hope you'll read this note from Senator Rand Paul and us and take immediate action.

In Liberty,

Matt Hawes

Vice President

Senator Rand Paul: Stop the Madness!

Dear lover of liberty,
 
In the next few weeks, I believe one of the most importantvotes of our political lifetimes will occur when the House and Senate each vote on a Balanced Budget Amendment to the Constitution.  The stage isset for a remarkable victory that could help save our economy and end the tax-spend-borrow addiction in Washington.
 
For years, our deficits have been soaring out of control.  President Obama has proposed a "budget" that will stillallow a $1.6 trillion deficit.  And Republicans are hardly better, with their budget calling for "only" a $1.5 trillion deficit.
 
The threats to our prosperity and freedom aren't hard to see.  Just look all around us, everyday, at the news coming from Washington.  More bailouts, trillion dollar "stimulus" schemes, huge new debt burdens for our children,higher taxes – it never ends.
 
You and I have a chance to help put a stop to these abuses ofpower.  And because the Balanced Budget legislation is a Constitutional Amendment, we don't need President Obama to sign it.  Congress alonecan fix this problem.
 
But without your involvement, I don't think it will happen.
 
Please see this message from my friend Matt Hawes, Vice President of Campaign for Liberty, so you canlearn more about their battle to help pass a Balanced Budget Amendment in Congress.  Time is short, so please take action today.
 
 
For Liberty,
 
Rand Paul
U.S. Senator, Kentucky

Rand Paul: $16 Trillion Missing???

Dear Lover of Liberty,
 
I ran for the U.S. Senate to end the federal government’s out-of-control spending and solve our debt crisis.
 
But that can't be done until we tackle the source of the problem: the unaccountable Federal Reserve.
 
As long as Ben Bernanke keeps printing money, Barack Obama will keep spending it.
 
You and I need to end that right now.
 
And just like during my campaign, the establishment is stacked against us.  But look at what has already been accomplished with you in our corner!
 
Please take a few moments to read this message from Campaign for Liberty Vice President Matt Hawes and support C4L in this vital effort to rein in the Federal Reserve.
 
For Liberty,
 
Rand Paul
U.S. Senator, Kentucky

VIDEO: Senator Rand Paul Responds to President Obama’s Jobs Speech

Source: Senator Rand Paul website (paul.senate.gov)