Bernie Sanders explains is asked how he plans to pay for his economic agenda and responds to Hillary Clinton saying she will not "throw us into debt" and will pay for her ideas by raising taxes. Sanders said, "every proposal that I have introduced has been paid for."
"Who denies that real unemployment today, including those that have given up looking for work and working part time is close to 10%? Who denies that African-American youth unemployment is over 50%. We need to create jobs," Sanders asked..
SANDERS: Well, Secretary Clinton, you're not in the White House yet. And let us be clear that every proposal that I have introduced has been paid for. For example, all right, who in America denies that we have an infrastructure that is crumbling? Roads, bridges, water systems, wastewater plants, who denies that?
Who denies that real unemployment today, including those who have given up looking for work and are working part-time is close to 10 percent? Who denies that African-American youth unemployment, real, is over 50 percent.
We need to create jobs. So yes, I will do away with the outrageous loopholes that allow profitable multinational corporations to stash billions of dollars in the Cayman Islands and Bermuda and in a given year pay zero, zero in federal income tax.
Yes, I'm going to do away with that. We will use those proceeds, a hundred billion a year, to invest in rebuilding our infrastructure. Yes, I believe that as a result of the illegal behavior on Wall Street, that they are a Wall Street that drove this country into the worst economic downturn since the Great Recession -- Great Depression.
Yes, I do believe that now after the American people bailed Wall Street out, yes, they should pay a Wall Street speculation tax so that we can make public colleges and universities tuition-free.
We bailed them out. Now it is their time to help the middle class.