senate budget committee

An Accounting Trick Is the Basis of Phony Claim That U.S. Faces a Public-Sector Debt Crisis

Alexander Reed Kelly / Truthdig Oct 16, 2015 Senate Budget Committee Chairman Mike Enzi's claim that "rapidly growing public sector debt threatens America's economic future" is based on dishonest accounting rigged by congressional austerity hawks, reports The Nation. Dig deeper ( 2 Min. Read )

The Republican Budget Plan Will Devastate American Families

By Sen. Bernie Sanders Mar 19, 2015 As I understand the Republican view of our country, as manifested in the House and Senate budgets, millions of middle class and working families need to see a major reduction in federal programs that help make their lives, and the lives of their kids, a little bit better. Dig deeper ( 7 Min. Read )

Addressing the Senate, an Anti-Austerity Economist Criticizes U.S. Budget Policy

By Mark Blyth Mar 13, 2015 There is much confusion, politically sown, about what debt is, what it does and what it costs. This includes the false ideas that the government deficit is unsustainable, that "entitlements" are bleeding us and that paying interest on the national debt displaces money that would otherwise be spent on public programs. Dig deeper ( 18 Min. Read )

Massachusetts Economists Discredit Influential Austerity Study

Alexander Reed Kelly / Truthdig Apr 20, 2013 Economists from the University of Massachusetts appear to have debunked a Harvard paper that right-wing politicians have used to push economic austerity policies. The challengers explain where the Harvard economists went wrong in an interview with The Real News Network. Dig deeper ( 2 Min. Read )

Sen. Sanders Lays Into Obama for Attacking Social Security

Alexander Reed Kelly / Truthdig Apr 14, 2013 The senator stood before a crowd of retirees, veterans and their supporters Thursday to point out that the president's proposal for a "Chained CPI" adjustment to the calculation of retirement benefits would wreak destruction on the lives of elderly and disabled Americans. Dig deeper ( 1 Min. Read )