Thursday, December 09, 2010

Sen. Sanders On The Obama "Compromise"

I received the following letter yesterday.   It is from our greatest current United States senator, Bernie Sanders (I-Vermont), and I agree with it completely.   Thank goodness someone in Congress is willing to stand up against President Obama's capitulation to the Republican on tax cuts for the rich.   Here is what Senator Sanders has to say:

President Obama is right about one thing -- Republicans in Congress are holding the middle class hostage.

We have a $13.8 trillion national debt, a collapsing middle class and the most unequal distribution of wealth of any major country. With all this in mind, Republicans in Congress say they will block tax cuts to the middle class and block unemployment benefits to more than two million families unless the President gives huge tax cuts to millionaires and billionaires.

Their behavior is morally bankrupt. It is reprehensible.

But instead of challenging the Republicans for their absurd demands and their outrageous tactics, the President gave them virtually everything they wanted.

I cannot and will not support this deal. I will do everything I can to uphold the promise made to the American people to end the Bush tax cuts for the rich.

One of the most underreported parts of this deal is a cut to the Social Security payroll tax. In just one year, over $120 billion of revenue will be cut from Social Security under the President's compromise plan, weakening the program and virtually guaranteeing benefit cuts in the future.

Make no mistake about it. Social Security has not added one dime to the national debt and this cut will only embolden Republican attempts to privatize the program and increase the age of retirement. Social Security is a vital safety net for all Americans and a cornerstone of our commitment to protect the middle class.

We are not alone in standing against this compromise. Republicans are holding the middle class hostage and the American people know it. I come from a small state and yesterday my office received more than 1,000 calls on this issue, with over 90% of them in opposition to this deal.

Make sure Congress gets the message -- Join the fight now and sign the petition opposing this so-called "compromise."

Thank you,

Bernie Sanders
U.S. Senator

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