Sanders Statement on Passage of Fiscal Bill

WASHINGTON, Jan. 2 – Sen. Bernie Sanders (I-Vt.) issued the following statement after Congress approved legislation that extends green energy incentives as part of a bill to preserve tax cuts for working families:

“This agreement preserves incentives for the development of clean energy by encouraging companies that are creating jobs in America and helping reduce the greenhouse gas emissions that cause global warming. That is a win-win for our economy and our environment. In Vermont and across the country, hundreds of wind manufacturing plants already are producing wind turbines, and the industry is providing jobs for 75,000 American workers. The fact that we have doubled wind generation since 2008 is an American success story. Extending the Production Tax Credit means we can continue the tremendous growth in wind and other safe, clean, renewable sources energy that must be developed if we are to reverse global warming.

“This agreement also is a major victory for Social Security recipients and for disabled veterans. Despite an eleventh-hour bid by Senate Republicans, the final bill does not include their proposed change in how cost-of-living adjustments are calculated. As the founder of the Defending Social Security Caucus and the incoming chairman of the Senate Veterans’ Affairs Committee, I am proud that organizations representing seniors and veterans worked together to block the switch to a so-called chained CPI as a way to cut future benefits for more than 55 million Americans.

“Social Security has not contributed a nickel to the deficit, has a $2.7 trillion surplus and can pay all benefits owed to every eligible American for the next 21 years. It makes no sense to balance the budget on the backs of seniors and the disabled. I will continue fighting to make sure cuts in Social Security are not part of any future budget deal.”