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Sanders: No on Middle Class Bail Out of Wall Street
WASHINGTON,
October 1 The Senate tonight voted 74-25 for a $700 billion Wall
Street bailout.
Senator Bernie
Sanders (I-Vt.) voted against the bill that would put Wall Streets
burden on the backs of the American middle class.
If a
bailout is needed, if taxpayer money must be placed at risk as we bail out
Wall Street greed, the people who pay for it should be the millionaires who
benefited most from Bushs reckless economic policies, not the struggling
middle class, Sanders said.
Sanders proposed
a five-year, 10 percent surtax on families with incomes of more than $1
million year and individuals earning over $500,00 to raise $300 billion to
help bankroll the bailout.
Sanders
amendment was defeated on a voice vote.
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