is if the Bernie Sanders amendment is adopted:
The Senate today will debate an amendment by Senator Bernie Sanders (I-Vt.) to impose a surtax on the wealthiest Americans to pay for a $700 billion emergency bailout of Wall Street.
“Having mismanaged the economy for eight years while continually insisting that the ‘fundamentals of our economy are strong,’ the Bush administration now wants the middle class of this country to bail out Wall Street,” Sanders said. “Meanwhile the wealthiest people, those who have benefited most from Bush’s policies and are in the best position to pay, are being asked for no sacrifice at all. This is absurd.”
Senate Majority Leader Harry Reid (D-Nev.) set aside one hour to consider the Sanders Amendment to raise $300 billion from a five-year, 10 percent surtax on couples with incomes of more than $1 million and individuals earning $500,000. It is the only amendment being offered to the bill.
Call/email your Senators NOW and demand they back the Sanders amendment.
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