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
Vermont Wild and Scenic Rivers
WASHINGTON, June 27 – The Upper Missisquoi and Trout rivers in northern Vermont would be added to the National Wild and Scenic Rivers System under legislation introduced today by Sens. Bernie Sanders (I-VT.) and Patrick Leahy (D-Vt.) and Rep. Peter Welch (D-Vt.). The system managed by the Department of the Interior was established in 1968 to recognize and preserve rivers
Sanders’ Warning on Student Loans
WASHINGTON, June 26 – Citing a major crisis in college costs, Sen. Bernie Sanders (I-Vt.) today urged quick action by Congress to keep student loan interest rates from doubling on Monday. “If we do not act immediately, the subsidized Stafford loan program will see a doubling of interest rates from 3.4 percent to 6.8 percent,” Sanders said in a Senate floor