Political Quotes

“let me briefly respond to some of the points that Majority Leader McConnell has made, to his inaccurate statements. Now, I am delighted that, after years of talking on the floor of the Senate about socialism for the rich, apparently, that has gotten across to my Republican friends. Of course, that is what we do every single day. That is why we have the incredible level of income and wealth inequality that exists in this country, because, decade after decade, we have used this body to provide massive tax breaks to the rich and provide corporate welfare to corporations that don't need it. That is socialism for the rich. The majority leader is right, but let's talk about, in fact, what is in this bill. According to the Tax Policy Center, fewer than 1 percent of the benefits of the direct payments--that is the $2,000 per working-class adult that Senator Schumer and I are talking about--would go to the top 5 percent of Americans. Virtually nothing would go to the very, very rich. The overwhelming majority of those funds would go to the middle class, the working class, low-income people, who in the midst of this pandemic are in desperate economic condition. Again, I am delighted to hear the majority leader talking about socialism for the rich, and I hope we will continue that discussion in the next session.…”