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Recommend Bernie Sanders Calls for Surtax on Billionaires, End to Breaks for Big Oil (Email)

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http://www.opednews.com/articles/Sanders-Revenue-Must-Matc-by-Bernie-Sanders-110306-338.html

March 6, 2011

By Bernie Sanders

BURLINGON, Vt., March 6 -- As the U.S. Senate heads for votes this week on competing spending plans for the rest of the year, Sen. Bernie Sanders said Congress also must raise additional revenue to reduce deficits.  He proposed a surtax on millionaires and eliminating tax breaks for Big Oil.

While there is widespread agreement on the need to reduce the $14 national debt and $1.6 trillion deficit, Sanders (I-Vt.) said "this must include not only budget cuts, but raising revenue in a fair and economically just way."

Sanders, a member of the Senate Budget Committee, also said, "It would be morally wrong for the United States to balance the budget on the backs of the most vulnerable people in our society while asking nothing from the wealthiest."


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