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Bernie Sanders Wants To Make Wall Street Pay Off The US's $1.6 Trillion In Student Debt

Video Credit: Wochit News - Duration: 00:54s - Published < > Embed
Bernie Sanders Wants To Make Wall Street Pay Off The US's $1.6 Trillion In Student Debt

Bernie Sanders Wants To Make Wall Street Pay Off The US's $1.6 Trillion In Student Debt

Wall Street should pay for student loan debt relief, at least according to Bernie Sanders.

The Vermont senator and 2020 presidential hopeful is set to release a plan Monday ahead of the Democratic debates later this week.

His plan proposes cancelling the outstanding $1.6 trillion of student loan debts held by 45 million Americans in the US.

Sanders proposes doing this by including a 0.5% tax on stock transactions, a 0.1% tax on bond trades, and a 0.005% tax on derivatives transactions.

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Bernie Sanders Wants To Make Wall Street Pay Off The US's $1.6 Trillion In Student Debt

A MAY 22, 2019, FILE PHOTO




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