Ron Paul
2002 Ron Paul Chapter 98

Truth In Financing Act

8 October 2002

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2002 Ron Paul 98:1
Mr. PAUL. Mr. Speaker, I rise to give taxpayers the power to prevent their tax dollars from subsidizing illegal activity by introducing the Truth in Financing Act. Hard as my colleagues may find it to believe, groups which violate federal and state laws, or make misrepresentations when filing for federal grants, continue to receive federal tax dollars.

2002 Ron Paul 98:2
For example, according to information obtained by my office, federal bureaucrats are giving taxpayer funds to groups which routinely flaunt laws requiring that cases of statutory rape and child molestation be reported to the relevant authorities.

2002 Ron Paul 98:3
In order to insure that taxpayers are not subsidizing this type of unconscionable and illegal behavior, the Truth in Financing Act forbids federal funds from going to anyone who violates a federal law, regulation, or state or local law punishable by 6 months imprisonment or a fine of at least $5,000. The prohibition would also apply to those who aid or abet serious criminal activity, or who lie on an application for federal funds.

2002 Ron Paul 98:4
Most importantly, the Truth in Financing Act allows any U.S. citizen to use the courts to force federal officials to cut off funds from those who violate the law. No longer will taxpayers have to sit silently by while federal bureaucrats shovel money to those who flaunt the laws of this country.

2002 Ron Paul 98:5
Providing federal funds to those who engage in illegal behavior undermines the rule of law and forces taxpayers to fund illegal behavior. If federal bureaucrats will not act to prevent taxpayer funds from going to organizations that violate the laws, then Congress has no choice but to give taxpayers the power to stop this outrage. I hope my colleagues will stand up for the rule of law and the American taxpayer by cosponsoring the Truth in Financing Act.

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