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Rand Paul says Graham Russia sanctions bill would cost Americans half a trillion dollars

7/28/2026

Rand Paul put a price tag on the Senator Lindsey O. Graham Sanctioning Russia Act of 2026: half a trillion dollars, paid by American consumers, not Moscow.

In a published opinion piece, Paul described the legislation as likely the largest tax increase a Republican Congress has ever passed, warning that its 500% tariff on all U.S.-Russia trade and potential 100% tariffs on eight additional countries would fall on American importers and shoppers, not foreign governments.

What the bill would do The Graham legislation would impose a 500% tariff on all U.S.

trade with Russia and give the president unilateral authority to levy up to 100% tariffs on the five largest importers of Russian crude oil or natural gas, along with any country found to be facilitating sanctions evasion.

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