Senator Bernie Sanders on Obama Budget: A Terrible Disappointment

Senator Bernie Sanders discusses his bill to break up banks that are too big to fail.

Senator Bernie Sanders discusses his bill to break up banks that are too big to fail.

President Obama submitted a budget this week that would make significant cuts in Social Security and lower benefits for disabled veterans. “At a time when millions of working families are struggling economically, I am deeply disappointed,” said Sen. Bernie Sanders, a Senate Budget Committee member and chairman of the Committee on Veterans’ Affairs. Under the budget proposal, a 65-year-old retiree would lose more than $650 a year in Social Security by their 75th birthday. A disabled veteran who started receiving benefits at 30 would have their benefits cut by $1,425 a year at age 45 and $3,231 at age 65.

Watch Bernie and the AFL-CIO’s Richard Trumka

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Michael Hess

Michael Hess

I started writing and editing BBSNews in 1990. Before the 'web, back in the Bulletin Board System (BBS) days. My pursuit of factual and reality based information informs my worldview. The ever evolving BBSNews contains New Mexico news, national and international news, politics, space, foreign policy and in particular; news and facts about the Israeli-Palestinian conflict. See our About Us page for more details.