Sanders Details Tax Plan
WASHINGTON, July 10 – Skeptical of a bid to overhaul the tax code by corporate-friendly congressional tax writers, Sen. Bernie Sanders (I-Vt.) today laid out specific proposals to raise revenue by closing loopholes that let multi-national corporations and oil companies avoid hundreds of billions of dollars in taxes. Sen. Max Baucus, D-Mont., and Rep. Dave Camp, R-Mich., chairmen of the
Students Tell Sanders How College Loans Impact Families and Careers
WASHINGTON, July 9 – Responding to more than 700 emails from college students and graduates in Vermont and around the nation, Sen. Bernie Sanders (I-Vt.) called today for restoring student the loan interest rate to the level that was charged before the rate doubled on July 1 to 6.8 percent. “We have a major crisis in our country today in
Sanders Statement on Corporate Tax Rates
BURLINGTON, July 2 – Sen. Bernie Sanders (I-Vt.) issued the following statement after a report from Congress’ Government Accountability Office revealed that profitable U.S. companies paid just 12.6 percent of their reported worldwide profits in federal income taxes in 2010, well below the 35 percent federal corporate income tax rate: “At a time when corporate America and their allies in Congress
Sanders: Congress Must Restore 3.4% Student Loan Interest Rate
BURLINGTON, July 1 – Sen. Bernie Sanders (I-Vt.) said today that Congress must act immediately to pass legislation which retroactively restores the interest rate on subsidized Stafford student loans back to 3.4 percent. As a result of Congressional inaction, interest rates on these loans doubled to 6.8 percent today. On June 6, Sanders voted with a majority of senators to
Senate Passes Youth Jobs Plan
WASHINGTON, June 27 – The Senate today passed an immigration reform bill that includes a youth jobs program proposed by Sen. Bernie Sanders (I-Vt.). The bill passed the Senate by a vote of 68-32. The immigration bill includes a pathway to citizenship for 11 million undocumented immigrants; the DREAM Act which offers conditional citizenship to those who were brought to