Tag Archives: Deficit Reduction

Vt. US Sen. Sanders against Social Security cuts (Boston Globe)

By Dave Gram BURLINGTON, Vt. (AP) — U.S. Sen. Bernie Sanders said Monday he would rather tax cuts expire next year as scheduled than see Democrats agree to spending cuts to Social Security and other programs relied on by low- and moderate-income Americans. The left-leaning independent who caucuses with Democrats said he hoped President Barack […]

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Deficit Hawks are Hypocrites (Sen. Sanders editorial)

August 27, 2012

By Senator Bernie Sanders Mitt Romney, Paul Ryan and the Republican Party are now mounting a massive attack against Social Security and other programs. Using “deficit reduction” as their rationale, they are attempting to dismantle every major piece of legislation passed since the 1930s that provides support and security to working families. They are being […]

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The GOP vs The Big Three (MSNBC)

August 13, 2012

Bernie and Ed Schultz talk about the so-called Ryan Budget.

“We have 50 million people who have no health insurance today – 45000 are dying [each year] because they don’t get to a doctor. The idea that you would make devastating cuts in medicaid, leave people… out there with no access to health care at all is criminal & it can not be allowed.”

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News Update: Oligarchy or Democracy?

August 6, 2012

“From one end of this country to the other, hundreds of millions of dollars are being spent by the very wealthy to defeat candidates who represent the needs of working people. Not content with controlling the economy, they also want to dominate our political system as well.”

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Bernanke: ‘A Trillion There, A Trillion Here’ From The Fed Won’t Fix The Deficit (Forbes)

June 7, 2012

By Agustino Fontevecchia The heat rose on Capitol Hill Thursday as Fed chief Ben Bernanke got grilled by policymakers, minutes after delivering bland prepared remarks.  The Chairman rejected the notion that artificially low rates, set by the Fed, gave the U.S. a false sense security, allowing Congress to procrastinate.  Bernanke also joked that “a trillion there, a […]

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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 […]

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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 […]

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