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Paul Blocks Sanctions Bill Against Iran

Demanding Congress make it clear that the U.S. is not declaring war on Iran, Senator Rand Paul, R-Ky., successfully blocked an effort to impose tougher sanctions on the foreign country's financial system.The bill would give President Obama the power to require U.S. firms disclose any relationship to Iranian activities and penalize parent companies whose subsidiaries have ties to the country. It sailed through the Republican-controlled House and has bipartisan support in the Democratic-controlled Senate.But Paul wants Majority Leader Harry Reid, D-Nv., to allow a vote on his amendment, which clarifies nothing "shall be construed as a declaration of war or an authorization of use of force" against Iran."Before sending our young men and women into combat, we should have a mature and thoughtful debate over the ramifications of and over the authorization of war and over the motives of the war," Paul said on the Senate floor Tuesday. "I urge that we not begin a new war without a full debate, without a vote, without careful consideration of the ramifications of a third or even a fourth war in this past decade."Check out Paul's full speech below:Reid could call for a cloture to overturn Paul's objection with 60 votes or allow the Senate to vote on his amendment.