Sen. Bernie Sanders | Reader Supported News | March 21, 2013
he media appear fixated about when and if a so-called “grand bargain” on our economy will be reached. Wrong question! The question we should be asking is: What should be in a “grand bargain” that works for the average American?
At a time when the middle class is disappearing, 46 million Americans are living in poverty and the gap between the very rich and everyone else is growing wider, we need a “grand bargain” that protects struggling working families, not billionaires.
With corporate profits at record-breaking levels while the effective corporate tax is at its lowest level since 1972, and 1 out of 4 profitable corporations pays nothing in federal income taxes, we need a grand bargain that ends corporate loopholes and demands that corporate America starts helping us with deficit reduction. We must not balance the budget on the backs of the elderly, the children, the sick and the poor. We must not cut Social Security, disabled veterans’ benefits, Medicare, Medicaid, education and other programs that provide opportunity and dignity to millions of struggling American families.
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