Bernie Sanders slammed fellow members of Congress for crafting a bill to give major microchip companies $52 billion in corporate welfare while ignoring poverty, health care and climate issues.
Instead of focusing on things like renewing the expanded child tax credit, passing Medicare for All, upping teacher pay, or making higher education affordable, the Senate is focused on corporate handouts, Sanders said.
“So what is Congress doing right now, at a time in which we face so many massive problems?” he continued. “The answer is that, for two months, a 107 member conference committee has been meeting behind closed doors to provide over $50 billion in corporate welfare, with no strings attached, to the highly profitable microchip industry.”. The Vermont senator has been decrying this funding for months, saying that Bezos is one of the last people who needs an infusion of cash from taxpayers.
“For all of my colleagues who tell us how deeply, deeply concerned they are about the deficit… ‘Bernie, we don’t have the money to do that! We’ve got a big deficit!’ Well, what about the deficit when it comes to giving $52 billion in corporate welfare to some of the most profitable corporations in America?” he said. “I guess when you’re giving corporate welfare to big and powerful interests, the deficit no longer matters.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sanders Warns Congress Is Working 'Behind Closed Doors' on $50 Billion in Corporate Welfare'No, we're not talking about healthcare for all,' said Sen. Bernie Sanders. 'We're talking about giving $50 billion in corporate welfare with no strings attached—a blank check—to the highly profitable microchip industry.'
Read more »
D'Angelo Lovell Williams photographs Black mundane surrealismIn 'Contact High', the artist crafts a patchwork of fraught encounters, apprehensive intimacy, and queer power.
Read more »
The Best Amazon Prime Day Deals Under $50 Worth Taking Advantage OfFrom camping supplies to self care day must haves.
Read more »
The 73 Best Prime Day Deals Under $50Do you already have a TV, mattress, or laptop? From smart bulbs to board games, these are the best cheap deals to fill your shopping needs.
Read more »
Long lines are back at US food banks as inflation hits highSt. Mary's spokesman Jerry Brown says their main distribution center doled out food to 4,271 families during the third week in June, a 78% increase over the 2,396 families served during the same week in 2021. It's a trend being seen nationwide: abc15
Read more »