Todays news from Sen. Bernie Sanders (I-Vt.): Income Gap Worries Fed Chief: Federal Reserve Chair Janet Yellen testified Wednesday before Congress Joint Economic Committee and told Sen. Bernie Sanders that there is no question that we’ve had a trend toward growing inequality and I personally find it a very worrisome,” The Nation reported. In remarks broadcast by C-SPAN, Bloomberg TV, Fox Business Network and CNBC, Yellen added that “the trend deserves the attention of policy makers.” But when Sanders asked if it makes sense to give “enormous tax breaks to the families of the top 1 percent,” Yellen said “it’s up to the Congress to decide what’s appropriate,” Bloomberg reported. Yellen was ‘Masterful’: The Wall Street Journal’s “Market Watch” gushed that “Yellen did a masterful job navigating the political shoals of the Joint Economic Committee. She told liberal Vermont Sen. Sanders that she shared his concern about the Koch brothers and inequality, and conservative Indiana Sen. Dan Coats that Congress needed to act soon to reduce long-term budget deficits. Global Warming: Sen. Sanders called a report on global warming in the United another loud and clear warning that greenhouse gases are rising faster than ever.” He also said Congress’ continued refusal to recognize and deal with the crisis could have catastrophic consequences. Sanders has proposed a bill with Sen. Barbara Boxer to tax carbon and methane emissions and use the revenue to fund energy efficiency projects, Mint Press News, The State Column and VTDigger reported. Phoenix VA: Responding to calls for the resignation of the Veterans Affairs secretary, the White House said it has confidence in Eric Shinseki. On Capitol Hill, no influential Democrats have called for him to step down. Sen. Sanders, chairman of the Veterans’ Affairs Committee, said he feared efforts to make the department a whipping boy for the smaller-government movement, even though surveys show that, over all, most veterans are satisfied with their health care. “What I don’t want to see is this issue politicized by these same folks who don’t like Social Security, they don’t like Medicare, they don’t like Medicaid, they don’t like the Postal Service,” Sanders told The New York Times. Continue reading here: sanders.senate.gov/newsroom/newswatch/050814
Posted on: Thu, 08 May 2014 13:07:58 +0000
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