Sanders Statement on Social Security COLA
WASHINGTON, Oct. 19 – Sen. Bernie Sanders (I-Vt.), the founder of the Senate’s Defending Social Security Caucus, issued the following statement today after the Social Security Administration announced a 3.6 percent cost-of-living adjustment for next year: “I am glad to see the millions of people who depend on Social Security will get a modest cost-of-living adjustment after two years with no increase in benefits at all. However,
The Recession and Older Americans
WASHINGTON, Oct. 18 – In the midst of the worst economic downturn since the Great Depression, millions of American seniors have seen a decline in their standard of living and are struggling to survive. Unemployment among older workers doubled since 2007 while household incomes fell and medical costs rose, according to a report released today at a Senate hearing chaired by Sen. Bernie Sanders
Sanders to CFTC: Get Serious About Oil Speculators: Regulators Must Check Skyrocketing Home Heating Prices
WASHINGTON, Oct. 17 – Sen. Bernie Sanders (I-Vt.) said the Commodity Futures Trading Commission should adopt a rule with real teeth to limit oil speculators, not a watered-down measure set for a vote on Tuesday. The commission is slated to consider a rule that Sanders said “will do little or nothing” to limit traders who artificially drive up gasoline and home heating oil prices. “At a
Senators Raise ‘Serious Concerns’ About State Department Study on Tar Sands Oil Pipeline
WASHINGTON, Oct. 14 – Three key senators today questioned the U.S. State Department about its dealings with a Canadian company seeking U.S. approval to build a crude oil pipeline from Canada to the Gulf of Mexico. The State Department is responsible for deciding whether to approve the billion-dollar Keystone XL pipeline project. TransCanada, the company trying to build the pipeline, reportedly was permitted to screen private
Leahy, Sanders, Welch: Washington Electric Cooperative Nets $7.4 M. Loan For Service Improvements, Including ‘Smart-Grid’ Components
THURSDAY, Oct. 13 – Vermont’s Congressional Delegation – Senator Patrick Leahy (D), Senator Bernie Sanders (I) and Representative Peter Welch (D) – Thursday announced a $7.4 million federal loan for electric power grid improvements, including new “smart meter” components, in Washington, Orange and Caledonia Counties. The U.S. Department of Agriculture Rural Development Electric Program loan to Washington Electric Cooperative of East Montpelier will fund construction of
