Statement on Student Loans

WASHINGTON, July 10 – Sen. Bernie Sanders (I-Vt.) issued the following statement today after a filibuster by Senate Republicans blocked consideration of a bill to restore student loan interest rates that doubled on July 1: “I have heard from more than 700 Vermonters and people around the country that college costs too much and interest rates on student loans are too

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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

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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

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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

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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

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