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
(Score: 1) by fustakrakich on Thursday January 21 2021, @06:07PM (5 children)
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)
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.
(Score: 1) by fustakrakich on Thursday January 21 2021, @07:29PM (3 children)
Fine, then "index" the infrastructure. They do have the money, and it's going to the wrong places. Stop with the Hollywood accounting.
La politica e i criminali sono la stessa cosa..
(Score: 2) by DeathMonkey on Thursday January 21 2021, @07:39PM (2 children)
The government sells bonds to raise money, they don't go to fucking Capital One and take out a loan.
(Score: 1) by fustakrakich on Thursday January 21 2021, @08:15PM (1 child)
The fed is "buying", not selling.
La politica e i criminali sono la stessa cosa..
(Score: 0) by Anonymous Coward on Friday January 22 2021, @03:24AM
https://fred.stlouisfed.org/series/WALCL [stlouisfed.org]