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Bernie Sanders: “Top 1% owns more wealth than the bottom 90%.”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs

Published April 4, 2025 | Video Starts at 00:34

Madam President, as you may know, we have more income and wealth inequality in our country today than we have ever had in the history of America. Three people on top own more wealth than the bottom half of American society. Top 1% owns more wealth than the bottom 90%. CEOs now make about 300 times more than their workers. In other words, the very rich coming much richer and working families are struggling. (00:34–00:39)

CLAIM

Asserts that the top 1% of wealth holders own more than the bottom 90% in the U.S.

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.

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Bernie Sanders

“Three people on top own more wealth than the bottom half of American society.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 00:29-00:35
“CEOs now make about 300 times more than their workers.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 00:39-00:45
“Right now, we've got 85 million Americans who are uninsured or underinsured.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 08:02-08:06
“We lose 60,000 people a year right now, despite Medicaid, who don't go to a doctor when they should because they can't afford to.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 08:12-08:21
“99.5% of the scientists who study the issue believe [climate change is real].”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 09:24-09:30
“We...have the highest rate of childhood poverty of almost any major country on earth.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 00:08-05:28
“This budget resolution...makes income and wealth inequality much worse by providing massive tax breaks to the billionaires and the richest…”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 00:10-01:17
“We have more income and wealth inequality in our country today than we have ever had in the history of America.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 00:19-00:29
“60% of our people living paycheck to paycheck.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 01:31-01:37
“Real wages...for the average American worker have been stagnant for the last 50 years despite a huge increase in worker productivity.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 01:46-01:59
“This budget will...cut back on housing programs, making it harder for working people to get decent housing.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 02:31-02:43
“22% of our seniors are trying to survive on less than $15,000 a year.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 02:57-03:04
“Half of seniors are trying to get by on 30,000 a year or less.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 03:34-03:39
“When you cut Medicaid by $880 billion, you're going to make it much, much harder for seniors to access nursing homes.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 04:10-04:21
“This budget would cut nutrition programs that one out of every five children depend upon.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 06:08-06:16
“Our current healthcare system is far and away the most expensive in the world.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 06:50-06:56
“By cutting Medicaid up by up to $880 billion, this legislation could force as many as 36 million Americans off the health care that they…”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 07:46-08:03
“Virtually every scientist who has studied the issue has made it clear that climate change is an existential threat to our planet.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 09:04-09:16
“The last 10 years [are the] warmest on record.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 09:34-09:38
“This legislation makes a bad situation even worse by opening up vast swaths of public land to big oil companies so they can drill.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 10:04-10:19
“The minimum wage, which is today at the federal level, $7.25 an hour.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 11:26-11:34
“We should do what virtually every other major nation on earth does, and that is understand that health care is a human right.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 12:13-12:23
“The budget proposal...provides over a trillion dollars in tax breaks for the top 1%.”
Senator from Vermont's Opposition to Budget Resolution on Income Inequality and Social Programs | Uploaded April 4, 2025 | 13:09-13:26