Fraudulent Defense Contractors Paid $1 Trillion

WASHINGTON, Oct. 20 - Hundreds of defense contractors that defrauded the U.S. military received more than $1.1 trillion in Pentagon contracts during the past decade, according to a Department of Defense report prepared…

Continue Reading Fraudulent Defense Contractors Paid $1 Trillion

GAO Finds Serious Conflicts at the Fed

WASHINGTON, Oct. 19 - A new audit of the Federal Reserve released today detailed widespread conflicts of interest involving directors of its regional banks. "The most powerful entity in the United States is riddled…

Continue Reading GAO Finds Serious Conflicts at the Fed

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…

Continue Reading Sanders Statement on Social Security COLA

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…

Continue Reading The Recession and Older Americans

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…

Continue Reading Leahy, Sanders, Welch: Washington Electric Cooperative Nets $7.4 M. Loan For Service Improvements, Including ‘Smart-Grid’ Components