News June 17 PM

Senator Sanders 

Sanders' Legacy The potential significance of Sen. Bernie Sanders’ campaign for the Democratic nomination goes far beyond the 2016 race. The best measure of his impact will be whether he can help shift our national dialogue and revitalize the progressive movement. It is “about hopes and dreams that will not be realized in our lifetimes. It is about the fragility of democracy in America,” In These Times wrote. LINK  

World

Greece on the Brink of Default Greece's central bank has warned for the first time that the country could be on a "painful course" to default and exit from both the eurozone and the EU. It comes as the Greek government and its international creditors blamed each other for failing to reach a deal over economic reforms. That failure is holding up the release of €7.2bn (£5.2bn) in bailout funds, reported the BBC. LINK

National

Bush Criticizes Pope for Climate Encyclical GOP presidential hopeful Jeb Bush criticized Pope Francis on Tuesday after a draft of his encyclical on climate change was leaked by an Italian newspaper. In the leaked draft, the pope attributes "the majority of the global warming in recent decades" to human activity. "I don’t get economic policy from my bishops or my cardinals or my pope,” Bush is quoted in The Huffington Post. LINK

Fed Signals Slower Increase in Interest Rates Federal Reserve officials expect to raise interest rates more slowly than they had previously predicted. As expected, the Fed on Wednesday announced no changes in its stimulus campaign after a meeting of its policy-making committee. Officials now expect the economy to grow this year between 1.8 percent and 2 percent, reported The New York Times. LINK

Vermont

VT Prison Chief: Time to Decriminalize Drug Possession Vermont Department of Corrections Commissioner Andy Pallito has struggled over the years to rein in a DOC budget that has exploded along with the inmate population. All of that has led him to a conclusion that possession of all drugs should be decriminalized and that the War on Drugs should be declared a failure, he told Seven Days.  LINK