Sanders Bill Will Close Notorious Tax Shelter Loophole
WASHINGTON, April 14 – Sen. Bernie Sanders (I-Vt.) today introduced a bill to stop profitable corporations from sheltering income overseas in the Cayman Islands and other tax havens to avoid paying U.S. taxes. The legislation also would end tax breaks for companies that ship jobs and factories overseas. “At a time when we have a $18.2 trillion national debt and
Sanders: Make Public Higher Ed Tuition-Free, Reform Loans, Protect Pell Grants
WASHINGTON, April 13 – In a speech tonight at American University, Sen. Bernie Sanders (I-Vt.) will call for overhauling how college education is financed by allowing students to refinance loans, eliminating federal profits on loans, making 4-year public colleges tuition-free, expanding work-study programs and providing incentives for colleges and universities to keep costs down. The senator also will call for
Sanders Launches National Budget Town Hall Meeting Series
BURLINGTON, Vt., April 13 – U.S. Sen. Bernie Sanders (I-Vt.) said he’s going outside the Capitol to hear from working-class Americans about how severe Republican budget cuts would affect their families, parents and health care. Sanders, the ranking member of the Senate Budget Committee, said he wants to provide a forum outside the rigid structure of Congress as part of
Statement on Historic Obama, Castro Meeting
BURLINGTON, Vt. April 11 – U.S. Sen. Bernie Sanders (I-Vt.) issued the following statement today after President Barack Obama and Cuba’s Raul Castro held the first formal meeting of the two country’s leaders in a half century: “Fifty years of Cold War is enough. I applaud President Obama for turning the page on U.S-Cuba relations, for meeting with Raul Castro
Sanders Statement on Tax Dodging Companies
BURLINGTON, Vt., April 9 – Sen. Bernie Sanders (I-Vt.), the Senate Budget Committee ranking member, today issued the following statement on new data showing the extent to which some American companies are avoiding taxes: “I applaud Citizens for Tax Justice for releasing new data today revealing the unfairness of our tax system and the fact that a number of the biggest