One was the win by two Democrat Senators in Georgia. The consequence is that the Democrats now control the Presidency, House and Senate. In principle it is now their time to act.
The second was the appointment of Bernie Sanders as chair of the Senate Budget Committee.
The events might be linked. It is no secret that Stephanie Kelton is close to Bernie Sanders.
And it is no secret that some Democrats want a Green New Deal funded using the principles of MMT.
Might this now happen? It has to be said that there are plenty of Democrats who are also not convinced, which is worrying.
Spending, budgets, they always start in the House of Representatives. That’s just their system. Which might be a useful point for someone hoping to comment upon American budget processes to know….
Even the President’s “budget” is only a proposal for what he’d like to see the relevant House committees come up with….