General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGavel in hand, Bernie Sanders lays out an unabashedly liberal economic agenda
By
Mike DeBonis
Feb. 18, 2021 at 7:14 p.m. EST
Excerpts:
As the new chairman of the Senate Budget Committee, Sanders has already played a key role in advancing President Bidens $1.9 trillion pandemic relief package, and he is now scheduling high-profile hearings on some of the nations most pressing challenges.
For the first, set for Thursday, Sanders has summoned the chief executives of some of Americas best-known companies to testify about the wages they pay their employees speaking alongside some of their own front-line workers. The hearings title Why Should Taxpayers Subsidize Poverty Wages at Large Profitable Corporations? reflects how Sanders intends to use his new gavel to promote an unabashedly liberal economic agenda, one that breaks with the Budget Committees traditional focus on the nations long-term fiscal outlook.
Sanders, an independent from Vermont who caucuses with Democrats, said he sees his panels scope as touching on every aspect of public policy in fact, on every aspect of American life, and he plans to focus on the plight of the working class amid growing inequality.
They are living through an economic desperation the likes of which we have not seen since the Great Depression, Sanders said in an interview. So we are going to be a very active and aggressive Budget Committee, which is going to explore whats going on with the working class and the middle class of this country and how we can successfully address the crises that they face.
Other hearings are tentatively on the books: On March 17, Sanders is planning a hearing on income and wealth inequality, followed by a March 24 hearing on making corporations and the wealthy pay their fair share of taxes and an April 14 hearing on the costs of climate change.
It remains unclear whether the McDonalds and Walmart executives Sanders has invited to next weeks hearing will appear. McDonalds declined to comment, and representatives for Walmart did not respond to inquiries Thursday. One top executive who has agreed to testify, according to Sanderss office, is W. Craig Jelinek of Costco, which is known for paying its workers higher-than-average wages and benefits. Costco also did not respond to a request for comment. Sanders said no matter who shows up, he is determined to highlight the ever-growing gap between the pay of top executives and their essential employees and the effect those wages have on federal expenditures.
Biden indicates hes open to negotiation on $15 minimum wage
https://www.washingtonpost.com/politics/sanders-budget-pay-ceo/2021/02/18/95dffb00-71fd-11eb-93be-c10813e358a2_story.html
luv2fly
(2,475 posts)Go get 'em!
WhiteTara
(29,703 posts)to do what he has said he wants to do, he didn't even have to become president to do this either. More proof that everyone doesn't have to be president to do the public's business.
essaynnc
(801 posts)Why Should Taxpayers Subsidize Poverty Wages at Large Profitable Corporations?
We give them tax breaks, and we subsidize their employees wages so they don't starve, all while the owners/ directors make millions.
why don't they see that the more they pay their employees, the more they have to spend?? Hasn't $15 per hour minimum wage in Seattle proven to be a thing already? how are they doing since the pandemic, vs the rest of the country??
Higher wages and higher corporate taxes and unions used to be a thing during the post WW 2 economy that was on fire! why can't we learn??
UpInArms
(51,280 posts)Wage inequality is one of our most important issues.
When a few profit from the labor of the many ... while the many cannot even afford housing ... there can only be one solution ... reduce the top wages and raise the bottom.
Johnny2X2X
(19,038 posts)Bernie is going to have his hand prints all over every piece of legislation that goes through his committee. This is going to be great for the working class!
And I have to say, the Bernie fans on my Facebook feed are blown away by Biden right now. They've nitpicked a few of his nominees, and the Student loan $50K forgiveness balking, but to a person they're thrilled with everything he's done so far, especially on relief, climate, and LGBTQ Rights.
Donkees
(31,381 posts)Full Committee Hearing
Date: Thursday, February 25, 2021 Time: 10:15 AM Location: SD 608
To consider: Why Should Taxpayers Subsidize Poverty Wages at Large Profitable Corporations?
Witnesses:
Mr. Craig Jelinek Chief Executive Officer
Costco
Ms. Cindy Brown Barnes Government Accountability Office
Director of Education, Workforce, and Income Security
Ms. Cynthia Murray Walmart worker Hyattsville, MD
Mr. Terrence Wise McDonalds worker Kansas City, MO
Additional Witnesses To Be Determined
https://www.budget.senate.gov/hearing-should-taxpayers-subsidize-poverty-wages-at-large-profitable-corporations