Let's not pretend that economic shocks don't affect the budget.
Editor's note · Context
Whitehouse emphasizes the impact of economic shocks on the budget, linking it to climate change.
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That sense of political listlessness quietly sinks in and informs the political refrain: Republicans are shameless, Democrats are spineless.
There is a doctrine or a principle that is kind of a tedious economic term, ``marginal utility of money.'' What it means, in very plain terms, is that if you make $60,000 a year, your last thousand dollars of income is a big deal to you…
To deliberately ignore [the laws of physics] for short-term profits that set up people for huge, really bad impacts—if that’s not a good definition of evil, I don’t know what is.
I am actually happy to yield to Senator Schiff from the California delegation. OK. He is happy with me going, so I will go. The PRESIDING OFFICER. The Senator from Rhode Island.





