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Senate Budget Committee Chairman Bernie Sanders

Journal by DeathMonkey

The Senate Budget Committee's new chair is an unabashed progressive and self-described democratic socialist prepared to be as "aggressive" as he possibly can with budget tactics to help Democrats and President-elect Joe Biden enact their sweeping agenda.

Under a narrow Democratic majority in the Senate, Bernie Sanders will oversee budget and spending work, including the procedural power of budget reconciliation the majority can use to evade the filibuster and pass massive bills without a single Republican vote.

‘Aggressive’: Bernie Sanders on his big plans as Budget chair

 

Reply to: Re:I know the plan

    (Score: 2) by DeathMonkey on Thursday January 21 2021, @05:57PM

    by DeathMonkey (1380) on Thursday January 21 2021, @05:57PM (#1103418)

    It makes interest based investments uncompetitive, yes, because they have nearly no return.

    This encourages people to invest elsewhere, including the Stock Market, but they're not the only beneficiary. Investing in real estate and other commodities also get a boost.

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