Most Americans don't realize that someone with a salary of $300,000 or even $30 million a year pays no more in Social Security taxes than someone earning roughly $107,000.
Bernie Sanders
The Public Record
Bernie Sanders is an American politician and activist who has served as the junior United States senator from Vermont since 2007. A member of the Independent party, Sanders is known for his progressive policies and advocacy for social justice, healthcare reform, and income equality. He previously served in the U.S. House of Representatives from 1991 to 2007, where he was the first independent elected to the House in 40 years. Throughout his career, Sanders has been a vocal critic of economic inequality and corporate influence in politics.
Yet the Peterson Foundation and a host of other mostly well-off experts have managed to convince much of the media and many Washington policymakers that the way to save Social Security benefits is to cut them.
Why are our good friends on Wall Street so interested in seeing Social Security privatized or dismantled?
Would you want to comment on a billionaire, who made his money in Wall Street, now suggesting spending a huge sum of money to convince the American people that the way to save Social Security is to cut benefits?
There has been a war going on for many years against the middle class of this country, and that is why the middle class is disappearing.
But the likelihood is that if we raise the retirement age, many of these women would never get a nickel from Social Security. They would be dead.
In other words, being poor is kind of a death sentence, isn't it, in some respects?
It is especially hard to ask people to save when they can barely pay their bills today.
Social Security does not contribute to the deficit. The law prohibits Social Security from borrowing.
Warren Buffett, you know, Mr. Chairman, often comments that he, one of the richest people in the world, pays an effective tax rate lower than his secretary.
It is an idea that I guess it is OK for Wall Street billionaires to come up with, but it is not the real world, and it is something that must be opposed.
Twenty-seven percent of workers report that they have virtually no savings or investments or less than $1,000 in savings, and 54 percent of workers report the total value of their household saving is less than $25,000.
Social Security has been the most successful Federal program in our history during all economic times.
They understand that median family income, just during the 8 years of the Bush administration, went down by over $2,000.
What happens to the 8 million people currently receiving Social Security who have disabilities and the 4.5 million widows and widowers and 4.3 million kids who are receiving Social Security if we make cuts in Social Security?
The one thing I know and believe in my heart is that Social Security will always be there for people.
To ask American workers today to be working to the age of 68, 69, or 70 is reprehensible.
Social Security can pay out every nickel owed to every eligible American for the next 29 years.
There is a feeling of deep anxiety. Something is happening in our country, and people are not quite sure what it is.
They also understand something else very profoundly, and that is while the middle class is collapsing and poverty is increasing, virtually all of the income, new income created in recent years has gone to the people on top.
It is highly unlikely that this work will be done absent the checkoff framework that the Propane Education and Research Act provides.
For the past 12 years, the Propane Education and Research Council has diligently pursued a multidisciplinary program...
Today I am pleased our hearing is focusing in part on S. 3612, a bill I introduced with Senator Leahy to expand the Marsh-Billings-Rockefeller National Historical Park.
[VA has] just restarted a long term study of Vietnam veterans and Agent Orange. It is a study that continued up until about 2000, and then for lack of emphasis, it lost priority. [VA has] just restarted [its] effort to begin that study…





