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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

Senate Budget Committee Chairman Bernie Sanders | Log In/Create an Account | Top | 26 comments | Search Discussion
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 1) by fustakrakich on Thursday January 21 2021, @05:22PM (8 children)

    by fustakrakich (6150) on Thursday January 21 2021, @05:22PM (#1103404) Journal

    They are stuffing Wall Street like a goose. That's the reality

    --
    La politica e i criminali sono la stessa cosa..

  • (Score: 2) by DeathMonkey on Thursday January 21 2021, @05:57PM (7 children)

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

    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.

    • (Score: 1) by fustakrakich on Thursday January 21 2021, @06:04PM

      by fustakrakich (6150) on Thursday January 21 2021, @06:04PM (#1103421) Journal

      Yes, those industries are also being propped up. All that money could be going for infrastructure, and payroll/pension protection, and including medical, instead it's going into the bureaucratic financial industry, while we hear talk of raising taxes for covid relief.

      --
      La politica e i criminali sono la stessa cosa..

    • (Score: 1) by fustakrakich on Thursday January 21 2021, @06:07PM (5 children)

      by fustakrakich (6150) on Thursday January 21 2021, @06:07PM (#1103423) Journal

      Sorry for the second, but I just realized, you're advocating trickle down. Why do we want to boost investment in real estate and the commodities markets? You think it will trickle down to the rest of us?

      --
      La politica e i criminali sono la stessa cosa..

      • (Score: 2) by DeathMonkey on Thursday January 21 2021, @07:22PM (4 children)

        by DeathMonkey (1380) on Thursday January 21 2021, @07:22PM (#1103448) Journal

        I'm just telling you how it is, not advocating anything. You keep saying things that are not true like "they could use that money elsewhere" but that doesn't make any sense because there is no money. All they do is set the index rate for commercial credit transactions.