GOP fiscal hawk sounds alarm on 'out of control' federal spending, saying 'both parties have failed us'

With the U.S. national debt soaring above $40 trillion and the federal government engaging in massive deficit spending, Sen. Rand Paul, R-Ky. — a fiscal hawk who says the situation is "out of control" and "both parties have failed us" — does not support President Donald Trump's proposal to dole out $5,000 to every American adult if Republicans win both chambers of Congress during the midterms.

The president floated the idea during a speech earlier this month at the Republican midterm convention in Dallas...