The fundraising milestone comes after Sanders received several major endorsements over the past week, including National Nurses United, United Teachers Los Angeles, and the California Young Democrats.
Sanders led all 2020 Democratic presidential candidates in fundraising in the third quarter of 2019, raking in $25.3 million from an average donation of just $18. Teacher has been the most common profession of Sanders donors, while Amazon, Walmart, and Starbucks have been the top employers of Sanders contributors.
„There are differences between Elizabeth and myself,“ Sanders said, referring to Warren. „Elizabeth, I think, as you know, has said that she is a capitalist through her bones. I’m not.”
„I am, I believe, the only candidate who’s going to say to the ruling class of this country, ‚Enough. Enough with your greed, and with your corruption. We need real change in this country,‘ “ Sanders added.
Under Sanders’s plan, the government would increase a firm’s corporate tax rate if its highest-paid employee earns more than 50 times what its average worker does — an attempt to encourage companies to distribute their profits more equitably.
The plan would apply only to companies with more than $100 million in annual revenue.
On top of his “Medicare for all” proposal, Mr. Sanders’s new plan would wipe out an estimated $81 billion in existing medical debt and ignore such debt in credit scores.
The exchange started combatively, with Sanders and Herron shouting over each other about the state of the health care system.
But it ended with the pair locked in a half-hug, as Sanders asked Herron to help him take on entrenched corporate health care interests.
The ruling class — dominated by billionaires like Donald Trump and the vested interests that prop him up — have played the same name-calling game for decades. Legislate tax cuts for the wealthy, turn a blind eye to polluters, shut down tax audits on the rich, abandon antitrust laws, put corporate lobbyists in charge of the regulatory agencies and then attack anyone who calls foul a „radical.“
He also pointed out that three individuals own more wealth than the bottom half of the American population combined. Sanders also said that over the past three decades the richest 1 percent has added $21 trillion to their wealth compared to a $900 billion drop in wealth for the bottom half of the country.
„We need a new vision for America, which I call democratic socialism, which says that economic rights are human rights,“ Sanders said.
Sanders said his campaign is working on a plan to require large businesses to regularly contribute a portion of their stocks to a fund controlled by employees, which would pay out a regular dividend to the workers. Some models of this fund increase employees’ ownership stake in the company, making the workers a powerful voting shareholder. The idea is in its formative stages and a spokesman did not share further details.
Sanders also said he will introduce a plan to force corporations to give workers a share of the seats on their boards of directors.
Democratic presidential candidate Bernie Sanders went to Walmart’s shareholder meeting in Arkansas to push the company to include workers on the company’s board and pay workers at least $15 an hour. CNN’s Ryan Nobles reports on Sanders‘ crusade against Walmart.
Sen. Bernie Sanders turned over his social media accounts to Walmart workers on Tuesday—one day before the Democratic presidential candidate is set to attend the retail giant’s annual meeting, at the invitation of some employees, to advocate for higher wages and introduce a shareholder’s proposal that aims to ensure hourly workers are represented on the company’s board.
Sanders is a longtime supporter of expanding labor rights and critic of Walmart.
Democratic presidential candidate Bernie Sanders and Representative Alexandria Ocasio-Cortez accused banks of acting as “modern-day loan sharks” and called on Congress to enact a federal limit of 15% on credit card interest rates.
The two self-identified democratic-socialists are set to propose legislation on Thursday capping rates on credit card and other consumer loans and letting post offices offer low-cost basic financial services, such as loans and checking and savings accounts.