Bernie Sanders News: Presidential Candidate Releases Plan for Rebuild Middle Class
Presidential hopeful Bernie Sanders released his economic plan for rebuilding the U.S. middle class.
According to the proposal sent to Latin Post, the 74-year-old Democratic presidential candidate has proposed a $1 trillion plan aimed at rebuilding America's infrastructure, which, if implemented, would simultaneously employ 13 million citizens.
Should Sanders become president in November, he intends to make public colleges and universities tuition-free while reducing student debt. Not only has Sanders proposed expanding Social Security but he is set upon creating a $5.5 billion youth jobs program which would help to create one million jobs for disadvantaged young people.
The indepedent Vermont senator also plans on protecting pensions while emphasize a nationwide transition towards renewable energy.
All of these programs would be paid for by modifying or tweaking already existing courses of taxation. Sanders intends on making corporations pay taxes on any profits they have managed to divert to offshore tax havens, as well as imposing a tax on Wall Street speculators.
As Latin Post previously reported, Sanders currently has a 14-point lead over fellow Democratic candidate, and current front-runner, Hillary Clinton ahead of February's New Hampshire primary.
On Monday, Vice President Joe Biden praised Sanders for his authentic attempts at addressing the issues of income inequality. As quoted in CNN, Biden said, "Bernie is speaking to a yearning that is deep and real. And he has credibility on it."
Regarding Clinton’s approached to the subject, Biden said the former Secretary of State’s concern over income inequality seems to be a relatively recent one. "Hillary's focus has been other things up to now, and that's been Bernie's -- no one questions Bernie's authenticity on those issues," said Biden.
"If Bernie Sanders never said he was a democratic socialist, based on what he's saying people wouldn't be calling him a democratic socialist," he added.
Subscribe to Latin Post!
Sign up for our free newsletter for the Latest coverage!