http://facebook.com/senatorsandersunfiltered As a member of the House Financial Services Committee, this is what I said on the floor of the House in 1999 as I vote...
[LESS INFO] 95 VIEWS | ADDED 02:56:20 09/16/10
http://facebook.com/senatorsandersunfiltered As a member of the House Financial Services Committee, this is what I said on the floor of the House in 1999 as I voted against the major bank deregulation bill: This legislation, in its current form, will do more harm than good. It will lead to fewer banks and financial service providers; increased charges and fees for individual consumers and small businesses; diminished credit for rural America; and taxpayer exposure to potential loses should a financial conglomerate fail. It will lead to more mega-mergers; a small number of corporations dominating the financial service industry; and further concentration of economic power in our country. Frankly, it didnt take a PhD in finance to reach that conclusion. If you give unlimited license to Wall Street speculators, no one should be surprised when the result is greed on steroids. As a result of that reckless behavior by Wall Street, millions of Americans today have lost their jobs, health care and homes. Our country continues to struggle through a disastrous recession. Disgust at Wall Street is profound. Americans demand real changes in how Wall Street functions. Congress must deliver.
Senator Sanders Unf...
0 Views 02:56:20 09/16/10
http://facebook.com/senatorsandersunfiltered As a member of the House Financial Services Committee, this is what I said on the floor of the House in 1999 as I vote...
[LESS INFO] 0 VIEWS | ADDED 02:56:20 09/16/10
http://facebook.com/senatorsandersunfiltered As a member of the House Financial Services Committee, this is what I said on the floor of the House in 1999 as I voted against the major bank deregulation bill: This legislation, in its current form, will do more harm than good. It will lead to fewer banks and financial service providers; increased charges and fees for individual consumers and small businesses; diminished credit for rural America; and taxpayer exposure to potential loses should a financial conglomerate fail. It will lead to more mega-mergers; a small number of corporations dominating the financial service industry; and further concentration of economic power in our country. Frankly, it didnt take a PhD in finance to reach that conclusion. If you give unlimited license to Wall Street speculators, no one should be surprised when the result is greed on steroids. As a result of that reckless behavior by Wall Street, millions of Americans today have lost their jobs, health care and homes. Our country continues to struggle through a disastrous recession. Disgust at Wall Street is profound. Americans demand real changes in how Wall Street functions. Congress must deliver.
The Senate Passes U...
2 Views 17:29:04 03/05/10
U.S. Senator Jeff Bingaman focuses on two pieces of Senate business in this week’s update: unemployment insurance extension and health insurance reform. The Senate...
[LESS INFO] 2 VIEWS | ADDED 17:29:04 03/05/10
U.S. Senator Jeff Bingaman focuses on two pieces of Senate business in this week’s update: unemployment insurance extension and health insurance reform. The Senate passed a 30-day, short-term extension of unemployment benefits and COBRA (optional extension of previously provided group health care benefits for workers who have lost jobs) and is now working on a long-term extension to help those impacted by unemployment in this difficult economy. Some Americans lost these benefits last Sunday because the Senate was unable to vote for passage, held up by a one-man-filibuster by the junior Republican Senator from Kentucky. Bingaman also highlights the push for health insurance reform after President Obama’s Wednesday speech. The bill referenced by the president and being debated by the House (and all across the country) has already been passed by a 60-vote supermajority in the Senate. Bingaman outlines the next steps in health care reform.
Weekly Address: The...
10 Views 05:00:00 12/19/09
The President looks back to the bipartisan Patient’s Bill of Rights, a bill that was defeated in Congress at the hands of special interests and their supporters, a...
[LESS INFO] 10 VIEWS | ADDED 05:00:00 12/19/09
The President looks back to the bipartisan Patient’s Bill of Rights, a bill that was defeated in Congress at the hands of special interests and their supporters, and notes that health insurance reform covers the same ground and much more in terms of giving the consumers the upper hand over their insurance companies. He calls on the Senate to allow an up-or-down vote, and for those opposing reform to stop using parliamentary maneuvers to drag it out. December 19, 2009. (Public Domain)
Detailing the Healt...
1 Views 21:30:41 12/04/09
U.S. Senator Jeff Bingaman details some of the major components of The Patient Protection and Affordable Care Act (PPACA) in the second part of a series on health ...
[LESS INFO] 1 VIEWS | ADDED 21:30:41 12/04/09
U.S. Senator Jeff Bingaman details some of the major components of The Patient Protection and Affordable Care Act (PPACA) in the second part of a series on health care reform currently being debated in the Senate. Bingaman highlights several ways the legislation would lower overall health care costs, from the Congressional Budget Office's estimates on federal deficit reduction to savings for individuals and small businesses created through purchasing pools and market reforms within the bill. Bingaman outlines several of the ways PPACA would increase access to quality affordable insurance - through subsidies and tax credits - which would especially help lower-income New Mexicans. Bingaman closes by accounting for how health care reform would improve insurance choices, such as allowing families to add family members to their plan and creating an insurance exchange to help consumers and businesses compare plans. The Senate is currently debating the bill; Bingaman is hopeful the Senate will vote on the bill by the end of this session and President Obama will be able to sign health care reform into law in January.
Brad Bannon on Hous...
14 Views 22:09:24 11/13/09
After a landmark win in the House of Representatives President Barack Obama's push for health care reform faces a difficult path in the Senate amid divisions in hi...
[LESS INFO] 14 VIEWS | ADDED 22:09:24 11/13/09
After a landmark win in the House of Representatives President Barack Obama's push for health care reform faces a difficult path in the Senate amid divisions in his own Democratic Party on how to proceed. Political strategist Brad Bannon Bannon Research in
Defense Appropriati...
1 Views 16:13:06 10/08/09
U.S. Senator Jeff Bingaman discusses the two major pieces of legislation in the Senate this week: the Defense Appropriations bill and the Finance Committee's healt...
[LESS INFO] 1 VIEWS | ADDED 16:13:06 10/08/09
U.S. Senator Jeff Bingaman discusses the two major pieces of legislation in the Senate this week: the Defense Appropriations bill and the Finance Committee's health care reform markup. The Defense Appropriations bill funds defense-related activities unrelated to military base construction and maintenance, including funding for New Mexico’s military installations. Additionally, this bill would fund important projects at New Mexico universities and White Sands Missile Range. The Senate Finance Committee has finished debate on their health care reform bill and the Congressional Budget Office "scored" - or tallied the total cost of - the legislation this week. A Committee vote is expected soon.
Finishing Finance C...
0 Views 16:05:58 10/01/09
U.S. Senator Jeff Bingaman discusses the health care reform bill making its way through the Senate Finance Committee in this week’s update. Some of Bingaman’s amen...
[LESS INFO] 0 VIEWS | ADDED 16:05:58 10/01/09
U.S. Senator Jeff Bingaman discusses the health care reform bill making its way through the Senate Finance Committee in this week’s update. Some of Bingaman’s amendments would improve coverage, increase affordability, and benefit children; Bingaman also voted to include a public option. Finance Committee negotiations on this legislation may conclude this week.
Organ Mountains Wil...
1 Views 15:03:40 09/25/09
Senator Jeff Bingaman recently introduced the Organ Mountains - Desert Peaks Wilderness Act, a bill that would protect nearly 260,000 acres of wilderness in Doña A...
[LESS INFO] 1 VIEWS | ADDED 15:03:40 09/25/09
Senator Jeff Bingaman recently introduced the Organ Mountains - Desert Peaks Wilderness Act, a bill that would protect nearly 260,000 acres of wilderness in Doña Ana County. This week’s podcast focuses on that piece of legislation and ongoing health care reform negotiations in the Senate Finance Committee, where Committee members are "marking up" (or voting) on amendments to the bill introduced to the Committee last week by the Chairman.
Previewing the Grad...
2 Views 16:10:51 09/18/09
U.S. Senator Jeff Bingaman previews the Graduation Promise Act (GPA), a bill he will introduce to the Senate next week that would focus federal resources on high s...
[LESS INFO] 2 VIEWS | ADDED 16:10:51 09/18/09
U.S. Senator Jeff Bingaman previews the Graduation Promise Act (GPA), a bill he will introduce to the Senate next week that would focus federal resources on high schools with serious dropout problems. Persistently low-performing high schools and a high dropout rate are serious problems in New Mexico: the state currently graduates only 54% of high school seniors every year, and contains nearly 40 of the 2,000 schools in the country with persistently low rates of grade promotion. Bingaman has introduced GPA in the past and is optimistic that it will be signed into law this session of Congress. Bingaman continues to work with members of the Senate Finance Committee on health care reform; the Committee may vote on the bill next week.
Considering Health ...
1 Views 15:51:42 06/26/09
U.S. Senator Jeff Bingaman highlights the week’s activities through the lens of health care reform. The Senate Health, Education, Labor and Pensions (HELP) Committ...
[LESS INFO] 1 VIEWS | ADDED 15:51:42 06/26/09
U.S. Senator Jeff Bingaman highlights the week’s activities through the lens of health care reform. The Senate Health, Education, Labor and Pensions (HELP) Committee is currently voting on - or "marking up" - legislation to send before the full Senate. Bingaman discusses some elements of reform, as well as the current timeline to present the bill to the Senate and the public. Bingaman is also a member of the Senate Finance Committee, which is creating its own health care reform proposal.