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Bernie Sanders: “We got a corrupt campaign finance system in which…”

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

LIVE from the Senate Floor Where do we go from here

Published March 25, 2025 | Video Starts at 29:12

And on the Democratic side, you got AIPAC and you got other super PACs saying you stand up for working people, you're in trouble as well. We got a corrupt campaign finance system in which billionaires are able to buy elections. And that's why all over this country, people are not happy with our two party system, the Republicans and the Democrats. (29:12–29:19)

CLAIM

Asserts that the campaign finance system is corrupt and allows billionaires to influence elections.

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

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“The wealthiest person on Earth, Mr. Musk, is running all over Washington, D.C. slashing the Social Security Administration.”
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“Slashing the Department of Education. Slashing usaid.”
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“The wealthiest people in this country can receive over $1 trillion in tax breaks.”
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“Donald Trump is attacking our First Amendment and is trying to intimidate the media.”
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“He has sued ABC, CBS, Meta, the Des Moines Registrar.”
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“His FCC is now threatening to investigate NPR and PBS.”
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“He has called CNN and MSNBC illegal.”
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“Trump has illegally and unconstitutionally withheld funds that Congress has appropriated.”
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“Trump has illegally and unconstitutionally decimated agencies that can only be changed or reformed by Congress.”
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“Trump has fired members of independent agencies and inspectors general that he does not have the authority to do.”
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“Today, we have more income and wealth inequality than there has ever been in the history of America.”
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“Three people owe more wealth than 170 million people.”
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“The top 1% in our country now own more wealth than the bottom 90%.”
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“CEOs make 300 times more than their average worker.”
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“The average American worker, despite a massive increase in worker productivity, is lower today than it was 52 years ago.”
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“There was a $75 trillion transfer of wealth that went from the bottom 90% to the top 1%.”
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“Three Wall street firms, BlackRock, Vanguard and State street, are the major stockholders in 95% of our corporations.”
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“60% of our people are living paycheck to paycheck.”
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“22% of seniors are trying to survive on $15,000 a year.”
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“The cost of health care is going up 10, 15% in America today.”
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“You got 85 million people uninsured or underinsured.”
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“In America, according to international studies, our life expectancy...is about four years lower than other countries.”
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“We spend $14,000 a year per person on health care, almost double what any other country spends.”
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“One out of four people can't even afford the prescription drugs their doctors prescribe.”
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“We are, in some cases, paying 10 times more than our neighbors in Canada or in Europe [for prescription drugs].”
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“800,000 people sleeping out on the streets, and 20 million people are spending more than 50% of their limited incomes on housing.”
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“Their starting salary at a public school, $32,000 a year.”
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“What these guys want to do is destroy virtually every federal program that impacts the well being of working people.”
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