This week, the House of Representatives passed Ron Paul's Audit the Fed bill (HR 459).
The Senate now needs to pass this bill to audit the Federal Reserve. A GAO report from July 2011 revealed that the Fed bailed out banks and corporations to the tune of $16 trillion in taxpayer dollars. A full audit will bring transparency and accountability to this secretive institution that devalues Americans' savings, drives inflation and enables big government.
We should all be upset that our taxes are being spent by the Fed with no accountability. Our senators should be contacted to pass this bill.