Bad Deal

Sen. Bernie Sanders announced on Monday that he will vote against a deficit-reduction deal reached by the White House and congressional Republicans. The agreement slashes programs for working families without asking the wealthiest Americans and the most profitable corporations to pay a nickel more. "This country needs deficit reduction, but we need to do it in a way that is fair and which will result in economic growth and job creation.  This proposal does neither and I will oppose it," Sanders said. He announced his decision in a Senate floor speech in which he called provisions in the agreement "grotesque," "unfair" and "immoral."

Read the senator's complete statement »

Watch the speech »

Listen to the speech »

Watch the senator discuss the deal with Dylan Ratigan on MSNBC »