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Bernie Sanders: “We pay for that by imposing a Wall Street speculation tax.”

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

Bernie Sanders Speaks at the DNC Summer Meeting

Published August 29, 2015 | Video Starts at 17:28

I have introduced legislation that does two things. First, it makes every public college and university in America tuition free. Secondly, it substantially lowers interest rates on student debt. And We pay for that by imposing a Wall Street speculation tax. When Wall street collapsed because of their greed, the American people bailed them out. Now it is their turn to help the middle class of this country. (17:28–17:36)

CLAIM

Claims the tuition-free college initiative is funded by a Wall Street speculation tax.

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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“We have received more individual campaign contributions than any other presidential campaign, some 400,000.”
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“Our average campaign contribution is $31.20.”
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“The Republican Party did not win the midterm election in November. We lost that election.”
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“Voter turnout was invisibly, embarrassingly low.”
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“Millions of working people, young people and people of color gave up on politics as usual.”
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“The top 1/10 of 1% owns almost as much wealth as the bottom 90%.”
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“When a bank is too big to fail, that bank is too big to exist and we're going to break them up.”
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“The current minimum wage of seven and a quarter an hour is a starvation wage.”
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“We are going to raise that minimum wage over the period of a few years to 15 bucks an hour.”
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“Women making 78 cents on the dollar compared to men.”
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“We need a massive federal jobs program to rebuild our crumbling infrastructure.”
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“Black youth unemployment is over 50%.”
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“No nominee of mine for the US Supreme Court will have his or her name go to the Senate unless that candidate is loud and clear in saying…”
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“We need to move toward public funding of elections.”
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“Republican governors are imposing [voter suppression] on people.”
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“Climate change is real, it is caused by human activity.”
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“We are going to leave the world in transforming our energy system away from fossil fuel.”
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“That means defeating the Keystone Pipeline.”
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“All of our people who have the ability and the qualifications will be able to get a college education regardless of the income of their…”
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“I have introduced legislation that makes every public college and university in America tuition free.”
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“It substantially lowers interest rates on student debt.”
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“We need a political movement which once and for all, will end institutional racism in our country.”
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“We must not accept more deaths of unarmed blacks like Sandra Bland and Michael Brown or Rekia Boyd and Eric Garner, Walter Scott.”
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“We must not continue being the country in the world with more people in jail than any other.”
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“The people in jail are disproportionately people of color.”
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“We must provide legal protections for [undocumented immigrants].”
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“We must pass comprehensive immigration reform, and we must provide a path towards citizenship.”
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“You are looking at a former congressman who did not believe George W. Bush, Dick Cheney and Don Roosevelt and who voted against the wall in…”
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“We live in a country where health care is a right for all people, not privileged.”
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“We can live in a country where seniors retire in dignity and security and not be forced to choose between their medicine and their food.”
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“I am helping to lead the effort in the Senate not only to oppose the privatization of Social Security or cuts in Social Security, but to…”
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“We can live in a nation where our veterans, the men and women who put their lives on the line to defend us, get the quality health care and…”
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