Rand Paul

Republican presidential candidate Rand Paul stands on a chair to speak to supporters accompanied by N.H. Sen Andy Sanborn, second from left, during the opening of Paul's campaign office in Manchester, N.H., Friday, June 5, 2015. (AP Photo/Cheryl Senter)

(Cheryl Senter, Associated Press)

Today's Rand Paul news: Kentucky Republican Sen. Rand Paul will file a lawsuit against the U.S. Treasury and Internal Revenue Service that claims they violated the U.S. Constitution by unilaterally negotiating more than 100 tax-information treaties with foreign governments without getting U.S. Senate approval. The administration calls them "intergovernmental agreements." They require foreign banks to gather and share private financial information about millions of Americans living and working outside the U.S. -- information they would not have to disclose to the U.S. government if they lived and worked in the U.S.: The Washington Times

The focus of the lawsuit is the 2010 Foreign Account Tax Compliance Act -- FATCA to the initiated -- which has made it much harder for Americans to have foreign bank accounts hidden from the IRS. It's also been a logistical nightmare for the millions of Americans who live outside the country and are still required to file U.S. taxes. The law has also prompted some foreign banks to refuse U.S. customers rather than deal with the hassles. Solomon Yue, vice chairman of Republicans Overseas, and James Bopp, the lead lawyer on the suit, both said Paul will be one of the plaintiffs, which will be filed in federal court in southern Ohio: Bloomberg

In response to the U.S. Supreme Court's decision to uphold subsidies that help pay the premiums of some people insured under the Affordable Care Act, Paul said: "This decision turns both the rule of law and common sense on its head. Obamacare raises taxes, harms patients and doctors, and is the wrong fix for America's health care system. As President I would make it my mission to repeal it, and propose real solutions for our healthcare system. As a physician I know Americans need a healthcare system that reconnects patients, families, and doctors, rather than growing government bureaucracy: Randpaul.com