Tagged: Rand Paul

Kentucky Senator Rand Paul and the Republican National Committee chairman are distancing themselves from conservatives who suggested in recent days the President Obama could face impeachment for the developing scandal at the Internal revenue Service.

RNC chairman Reince Priebus said, "There's a few chapters before we get to the last one." He says it's up to Republicans to "connect the dots" before calling for impeachment.

Asked about impeachment, Paul said investigators must learn more "before we go anywhere else."

The Republican leaders addressed reporters before a Monday GOP fundraiser in Concord, NH. Paul is touring early-voting states while considering whether to run for president in 2016.

Through a single piece of legislation, Sen. Rand Paul is hoping to cut a corporate tax and get more revenue for transportation projects.

Here's how: When American companies make money overseas and put it in foreign banks, they have to pay a tax to bring the money back to the U.S.  Paul is sponsoring legislation that lowers the tax companies pay to transfer foreign profits to America from 35 percent to 5 percent. Many of those companies keep that money overseas instead of paying the 35-percent tax.

The new tax revenue generated under Paul's proposal would be put into a transportation fund, which could benefit projects including the Ohio River Bridges and the Brent Spence Bridge in Northern Kentucky.

A  lot of money is sitting overseas, and a lower tax rate would entice companies to bring it home, Paul spokesman Dan Bayens said.

Paul is doing more than just "considering" running for president as he's states, the Kentucky Republican is clearing a path to seek the 2016 Republican presidential nomination with a series of upcoming early primary state visits, a beefed up political operation and a plan to raise his profile.

His first major appearance is Friday night when he's scheduled to be the featured guest at the Iowa Republican Party's annual spring fundraiser. That's considered a plum speaking gig in the state expected to host the leadoff caucuses.

Paul's road is expected to be far from easy, given other big names in the prospective field and the national GOP's wide divide. But he enjoys tea party backing and access to his father Ron Paul's past presidential campaign networks.

Rand Paul heads to New Hampshire later this month and to South Carolina in June, two other early primary states.