Deficit Reduction
Sen. Sanders supports Buffett rule (WCAX)
April 11, 2012
BURLINGTON, Vt. – Sen. Bernie Sanders is supporting a push for the so-called Buffett rule. That’s the tax reform proposal named after billionaire Warren Buffett. The idea is to make sure the rich don’t pay a lower effective tax rate than the middle class. That can happen because many wealthy people derive much of their [...]
Budget battle lines are drawn in D.C. (MSNBC)
February 13, 2012
Watch Bernie talk about President Obama’s budget proposal on MSNBC’s the Ed Show.
“We have to reduce the deficit, we have to create jobs, and the wealthiest people in the country should be asked to play a role in that.”
Frugal senators return office funds to U.S. (Politico)
January 31, 2012
By Scott Wong Sen. Rand Paul made a big show of it: He called a news conference and unveiled a Publishers Clearinghouse-size check for $500,000, the amount of unspent office funds he was returning to the U.S. Treasury after his first year in office. Just doing his part to reduce the deficit, right? But Paul [...]
Supercommittee failure not all bad, Sanders says (Burlington Free Press)
November 22, 2011
By Nicole Gaudiano WASHINGTON — A congressional committee’s failure to reach a deal on reducing the nation’s debt is “disappointing,” Democratic Sen. Patrick Leahy said Monday. Democratic Rep. Peter Welch called it an “abject failure of Congress to do its job.” But to independent Sen. Bernie Sanders, the supercommittee’s failure to come up with a [...]
Congress Balks at Across-the-Board Cuts Triggered by Supercommittee Failure (Daily Beast)
By Patricia Murphy After months of meetings, huddles, posturing, and partisanship, the end came with a four-paragraph statement. The congressional supercommittee finally confirmed Monday afternoon what most Americans expected all along—that the bipartisan panel empowered to find at least $1.2 trillion in spending cuts could not come up with a proposal to vote on, let [...]
With Supercommittee Failure, 2012 Election Offers False Hope (TIME Swampland)
November 21, 2011
By Michael Scherer “Good riddance!” say the pundits on both left and right. The Super Committee is dead, and with it any short-term hope of a solution to the nation’s long-term deficit woes. For the right, this is a victory, because no tax increases were bartered away. “Good for America,” says Republican presidential contender Newt [...]
Superfail! 7 Amazing Super Committee Headlines You’ll Never See (Huffington Post)
By Richard (RJ) Eskow Discussion of the “super committee” debacle continues to misguide and misinform the public in an all-too-familiar way. Once again the consensus in the media and among political leaders reflects the misperceptions of an insular Washington culture, rather than the economic or political realities of most Americans. The Republican and Democratic co-chairs [...]
Super committee fails, President blames Republicans (MSNBC)
Watch Bernie discuss the failure of the so-called “Super Committee” with Ed Schultz on MSNBC.
“Every single poll that I have seen says that the American people understand that when the richest people are becoming richer & their effective tax rate is the lowest in decades, they’ve got to pay more in taxes to help us with deficit reduction.”
US Congressional ‘Supercommittee’ Faces Deadline on Budget Deal (VOA News)
November 18, 2011
By Cindy Saine The battle over how to reduce the United States’ $15 trillion debt is now being debated by a bipartisan congressional “supercommittee”. With a deadline for agreement just days away, the same ideological differences over taxes and social programs that have long divided Republicans and Democrats still appear to keep them apart. The [...]
Sen. Bernie Sanders: Deficit caused by wars, tax breaks and Wall Street (Raw Story)
By Eric W. Dolan Sen. Bernie Sanders (I-VT) on Thursday urged the congressional debt committee not to propose any cuts to Social Security, Medicare or Medicaid. “This country does in fact have a serious deficit problem,” he said to about 200 people packed in the Senate Budget Committee room. “But the reality is that the [...]
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