By Vicki Needham - 11/09/10 11:25 PM EST
Eliminating earmarking, some lawmakers including Senate Minority Leader Mitch McConnell (R-Ky.) have said, would give President Obama power over where money is spent. McConnell also has said the practice directs money and would only amount to a savings of about $16 billion, if all earmarks were halted.
Generally most earmarks are legitimate, but the practice has gotten a bad rap because of its relationship to lawmakers and lobbyists and a "pay to play" culture, along with examples of wasteful spending on projects such as the more than $200 million "Bridge to Nowhere" in Alaska.
Paul said tonight he has asked The Wall Street Journal for a correction on a story it ran over the weekend stating he will "not use an earmark no matter what the Republican Caucus says or what anybody does."
"I'm opposed to earmarking and I won't use earmarks as a senator," he said. "I think the earmarking process shows some of the abuse of Washington. People don't like things being stuck on unrelated bills in the dead of night by someone who doesn't have their name attached often."