Ron Paul’s Audit the Federal Reserve Bill Reintroduced in Senate

By on February 6, 2013

by Megan Stiles

On Monday, Senator Rand Paul, (R-KY) introduced S. 209, Ron Paul’s Audit the Fed bill, which calls for a “full audit of the Board of Governors of the Federal Reserve System and the Federal Reserve banks by the Comptroller General of the United States.”

The bill is identical to Congressman Ron Paul’s Audit the Fed bill, H.R. 459, which gained 274 cosponsors in the 112th Congress and passed the House of Representatives last July by an overwhelming three-fourths majority of 327-98 after a nationwide grassroots mobilization effort led by Campaign for Liberty.

Last Congress Senator Paul introduced companion legislation, S. 202, which gained 37 cosponsors. Harry Reid refused to allow ‘Audit the Fed’ to be brought to the floor for a vote despite repeatedly calling for an audit of the Federal Reserve throughout his career.

“Harry Reid was the single reason Audit the Fed was not brought to the floor of the Senate in 2012,” said C4L President John Tate. “Harry Reid knows full well that Audit the Fed- which he previously claimed to be a strong supporter of- would pass both the House and the Senate if he allowed a vote. It seems the Senate Majority Leader doesn’t want the American people to know what he, President Obama, and the Federal Reserve have been doing to our money and our economy.

“President Obama and Harry Reid cannot tax or borrow enough to cover their big-spending agenda, so they have been willing accomplices in the Federal Reserve’s money printing. For politicians who claim to care about the poor and middle class, it is unconscionable for them to ignore the devastating consequences their spending and monetary policies have had on these very same Americans.

“With nearly seventy-five percent of Americans supporting an audit of the Federal Reserve, it is way past time for Harry Reid to actually do his job, listen to the American people and allow a vote on Ron Paul’s Audit the Fed bill,” Tate added. “C4L is committed to advancing this issue to victory.”

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  1. GoodBusiness

    February 6, 2013 at 11:35 am

    Join us in repealing the 14th, 16th, and 17th amendments and the fed will be powerless as will the entire Washington DC machine – lobbyist will just go home. Yes we can . . .

  2. Andrew Wilkie

    February 6, 2013 at 2:53 pm

    I love how 1/2 way down this turns into an Obama smear campaign even though almost every other president in the last 100 years is as guilty of this as he is!

    • MJS1234

      February 8, 2013 at 8:32 am

      Not true Andrew…JFK…see what happened to him.

      • Sam

        February 8, 2013 at 9:53 pm

        I can’t wait for the Fox News headline: Senator Marco Rubio pushes for Audit the Fed bill in Senate, heroically challenging Majority Leader Harry Reid.

    • Tracey Harper

      February 8, 2013 at 9:35 am

      Obama is the current president. Live in the past if you want to but if he “wants change” he’s the man to do it. That’s why he referred to Obama, because Obama is the one with the power here and now! STEP UP or STEP UP OR STEP DOWN!!!

      • GoodBusiness

        February 8, 2013 at 11:41 am

        Make the Fed powerless and make DC powerless – make the Central Government small weak with FEW powers, make the State Governments strong with many powers. Repeal the 14th, 16th and 17th amendments restoring the Original Constitution as the Founders – Framers – Ratifiers designed.

        There is what might be the largest single library on original source documents, FF&R papers, notes on the Conventions, State Constitution examples, debates on video, speeches and sources for research. FREE

  3. Pat Stoltenlberg

    March 16, 2013 at 12:39 pm

    Even I, an 81 year old single woman, audit my books every time the first of the month begins. I have heard that everyone should know exactly how much cash they have in their billfold at all times. Also how much they owe to others, how much in their bank account and how much in their savings account. They should also know at all times what is due next month and also what is due the rest of the year at different times. WHY IS THE FEDERA GOVERNMENT SO REMISS IN HOW THEY HANDLE THE MONEY OF THE CITIZENS OF THE UNITED STATES? Please explain.

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