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America doesn't just have one deficit, and Bernie Sanders wants to address seven of them

Sen. Bernie Sanders (I-VT) Sen. Bernie Sanders wants to talk about the deficits. Yes, plural. The ranking member on the Senate Budget Committee says the next budget should address a series of deficits in investment in the American economy. Show More Summary

How Bernie Sanders, In New Role, Could Make Wall Streeters Very, Very Unhappy

  (Photo By Bill Clark/CQ Roll Call) (CQ Roll Call via AP Images) Senate Budget Committee ranking member Senator Bernie Sanders, independent of Vermont, holds a news conference on the budget on Friday, January 16, 2015.  B ig banks now...Show More Summary

Bernie Sanders Makes Two Great Hires For Senate Budget Committee

This is some very good news. I'm a huge fan of both Stephanie Kelton and Matt Stoller, and this should make for some very interesting public hearings. Thanks, Bernie: With Sen. Bernie Sanders set to become the top Democrat on the Senate...Show More Summary

MMT Versus the CBO: Replacing the Budget Constraint with an Inflation Constraint

Yves here. MMT, or Modern Monetary Theory, is in the process of becoming vastly more visible by virtue of leading MMT advocate, Stephanie Kelton, becoming Chief Economist on the Senate Budget Committee on behalf of ranking member Bernie Sanders. Show More Summary

Legislative Resolution Calls For Study Of Local Budget Transparency

On Friday – before the resolution was even posted online for the public to view – SCR4001 got a hearing and a unanimous “do pass” recommendation from the Senate Political Subdivisions Committee. The resolution calls for a study into “financial reports required by law to be compiled and filed by political subdivisions to determine whether they are being...

Congress may consider raising gas tax to address budget shortfall

WASHINGTON — The incoming chairman of the Senate Commerce, Science and Transportation Committee says raising the federal fuel taxes is among the options under consideration to replenish the dwindling Highway Trust Fund. Sen. John Thune...Show More Summary

Prominent MMT Advocate Stephanie Kelton to Become Chief Economist for Senate Budget Committee

Congratulations Stephanie! Amazingly, being a heterodox economist, no less a leading advocate of MMT, is not a bar to landing an influential post.

Alabama's Sessions Steps Aside in Budget Chair Race, Gives Spot to Wyoming's Enzi

Senate Budget Committee ranking member Sen. Jeff Sessions (R-AL) will not chair the U.S. Senate Budget Committee next year when the newly elected GOP majority takes over in Congress’ upper chamber. Instead of Sessions, Wyoming’s Sen....Show More Summary

Ingraham Warns Against Ousting Sessions as Budget Chair: 'We're Keeping a List'

On her Tuesday radio show, conservative talk show host Laura Ingraham warned Republicans seeking to prevent current ranking Republican on the Senate Budget Committee, Sen. Jeff Sessions (R-AL), from taking the chairman’s gavel next year when Republicans take over the U.S. Show More Summary

Georgia Senators Receive Committee Assignments

We’ve received word of committees Georgia Senators have been assigned to in the new Congress: David Perdue: Agriculture, Nutrition and Forestry Budget Foreign Relations Judiciary Special Committee on Aging Johnny Isakson Finance Foreign...Show More Summary

Congress Blocks Feds from Targeting Medical Marijuana

In a deal hammered out Tuesday evening, the leaders of the House and Senate appropriations committees agreed on a budget bill that includes a measure curbing Justice Department enforcement efforts in states where medical marijuana is legal. Show More Summary

Sessions: Under Obama Amnesty Fed Gov Will Be Writing Checks to Illegal Immigrants

Sunday on Fox News Channel's "America's News Headquarters,' ranking Senate Budget Committee member Sen. Jeff Sessions (R-AL) said considering the majority of those effected by President Barack Obama's executive order amnesty have low...Show More Summary

Congress Punts on Reducing Retiree COLA Pay

A move to reduce retirement pay increases for future career service members by 1 percent lower will not go into effect for another year under the 2015 defense budget agreed to by the Senate and House armed services committees.

Jeff Sessions Exposes Obama Plans For Amnesty Processing Facility With 1,000 New Immigration Agents In Northern Virginia

Incoming Senate Budget Committee chairman Sen. Jeff Sessions (R-AL) has discovered plans by President Barack Obama to open a new immigration facility to process his executive amnesty action in Northern Virginia, where the federal government has plans to hire a whopping 1,000 new immigration employees. Show More Summary

Next Budget Battle Has Big Implications for the GOP

Why the jousting match between Sens. Mike Enzi and Jeff Sessions for the role of Senate Budget Committee chairman could have big implications for GOP control of Congress and even the 2016 presidential race.

GOP’s Enzi Seeks Budget Committee Gavel In Senate Power Play

Sen. Mike Enzi (R., Wyo.) on Friday began maneuvering to claim the gavel of the Senate Budget Committee in what could be the only contested chairmanship in the new Republican Senate.

Jeff Sessions: Now Is ‘Time To Stand Strong’ Against Obama’s Illegal Amnesty To Protect American Workers And Their Families

Incoming Senate Budget Committee chairman Sen. Jeff Sessions says that President Barack Obama’s executive amnesty is something that is “endangering our entire constitutional order” as a democratic Republic. “President Obama’s executive...Show More Summary

Limbaugh: Is Senate GOP Leadership Weakening Jeff Sessions Influence for His Obama Opposition?

On his Wednesday broadcast, conservative talk show host Rush Limbaugh questioned the leadership of the U.S. Senate in alleging that it was behind a push for Sen. Mike Enzi (R-WY) to supplant current Senate Budget Committee ranking member Jeff Sessions as the chairman of that committee in the new Senate next year. Show More Summary

Enzi Could Challenge Sessions for Senate Budget Gavel

Sen. Mike Enzi (R., Wyo.) could challenge Sen. Jeff Sessions (R., Ala.) over the chairmanship of the Senate Budget Committee.

Sen. Pat Roberts: Block Funding for Obama Executive Amnesty

Sen. Pat Roberts (R-KS) tells Breitbart News he supports a strategy by incoming Senate Budget Committee chairman Sen. Jeff Sessions (R-AL) to cut off funding for President Barack Obama’s planned executive amnesty. “The American people...Show More Summary

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