Bernie Sanders: “25% of elderly people are trying to get by on $15,000 a year…”

“We are living in an economy today, Donna, where the people on top are doing phenomenally well. While 60% of our people are living paycheck to paycheck, 25% of elderly people are trying to get by on $15,000 a year or less. We have the highest rate of childhood poverty on of almost any major country on earth. And parents all over this country worry that their kids may have a lower standard of living than they do.” (00:17–00:24)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.