Sanders and Schumer Respond to CBO Estimate Pandemic May Cause $16 Trillion in Long-Term Economic Harm
WASHINGTON, June 1 – Senate Budget Committee Ranking Member Bernie Sanders (I-Vt.) and Senate Democratic Leader Chuck Schumer (D-N.Y.) released the following statement on the Congressional Budget Office’s estimate today that U.S. GDP will lose nearly $16 trillion over the next 10 years due to the COVID-19 pandemic: “Last week we learned that over 40 million Americans lost their jobs as a result
Sanders to McConnell: Senate Needs Legislation NOW to Address Crisis Facing Working Class Americans
Let’s be clear. We are in the midst of the worst economic crisis since the Great Depression. More than 100,000 Americans have died from the coronavirus, 40 million Americans have lost their jobs, millions have lost their health insurance and people across the country face hunger and the fear of being evicted from their homes. Given the enormity of this
Sanders, Warner, Jones and Blumenthal Introduce Paycheck Security Act to Keep Millions of Workers on Payrolls During Pandemic
WASHINGTON, May 21 – Senators Bernie Sanders (I-Vt.), Mark R. Warner (D-Va.), Doug Jones (D-Ala.) and Richard Blumenthal (D-Conn.) today introduced the Paycheck Security Act to cover the wages and benefits of employees of affected businesses and non-profits until the economic and public health crisis is resolved. Applauded by Senate Minority Leader Chuck Schumer (D-N.Y.) and Senate Finance Committee Ranking Member
GAO Study Reveals Lack of Pentagon Review over Lucrative Weapons Contracts
WASHINGTON, May 19—Today, the Government Accountability Office (GAO) issued a report, “Procedures Needed for Sharing Information on Contract Choice among Military Departments,” commissioned by Sen. Bernie Sanders (I-Vt.). It examines whether the Pentagon is using the most cost-effective forms of contracts in its major defense acquisition programs. GAO found that, last year, the Pentagon suspended mandatory peer reviews—a process in which senior
Sanders, Gillibrand, Booker, Warren, Markey, Merkley, Harris Introduce Emergency Health Care Guarantee Act
WASHINGTON, May 15 – Today, Sen. Bernie Sanders (I-Vt.) introduced the Health Care Emergency Guarantee Act to eliminate all out-of pocket health costs for every person in America during the COVID-19 crisis. Senators Kirsten Gillibrand (D-N.Y.), Edward Markey (D-Mass.), Elizabeth Warren (D-Mass.), Cory Booker (D-N.J.), Jeff Merkley (D-Ore.), and Kamala Harris (D-Calif.) cosponsored the legislation. “During this public health crisis,
