Bernie Sanders Unveils Economic Reform Plan

Bernie Sanders Announces New Initiative to Tackle Income Inequality

Washington, D.C. – May 16, 2025

Senator Bernie Sanders (I-VT) unveiled a sweeping new legislative proposal today aimed at addressing the nation’s growing wealth gap, reaffirming his long-standing commitment to economic justice. The 'Corporate Accountability and Fair Pay Act' seeks to impose higher taxes on large corporations, raise the federal minimum wage to $17 an hour, and strengthen workers' rights to unionize.

Speaking at a press conference outside the U.S. Capitol, Sanders criticized what he called 'obscene levels of corporate greed' and called on Congress to take immediate action. 'While millions of Americans struggle to afford basic necessities, the billionaire class continues to amass unprecedented wealth,' Sanders said. 'It’s time for real structural change.'

The proposal has already drawn sharp reactions along partisan lines. Progressive lawmakers, including Representatives Alexandria Ocasio-Cortez (D-NY) and Pramila Jayapal (D-WA), have voiced strong support, while Republican leaders have dismissed it as 'socialist overreach.' Senate Minority Leader Mitch McConnell (R-KY) called the plan 'a job-killing disaster' that would harm the economy.

Sanders, who has been a leading voice on progressive issues for decades, remains a key figure in shaping the Democratic Party’s economic agenda. Though he is not running for president in 2024, his influence continues to drive policy debates, particularly on healthcare, climate change, and labor rights.

Political analysts suggest that Sanders' latest push could energize progressive voters ahead of the midterm elections, putting pressure on moderate Democrats to back bold economic reforms.

The bill is expected to face significant hurdles in a divided Congress, but Sanders remains undeterred. 'The fight for economic justice has never been easy,' he said. 'But we will not back down.'

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