Mar 09, 2016

Freedom Partners Releases New Video Highlighting Sanders, Corporate Welfare

Post by Derek Yale

Arlington, VA — Ahead of tonight’s Democratic debate, Freedom Partners is releasing a new video, “Across The Board,” which highlights Bernie Sanders’ recent comments regarding the corporate welfare-driven Export-Import Bank.

“Seventy-five percent of the funds going from the federal government to the Export-Import Bank goes to large, profitable corporations…I don’t think it’s a great idea for the American taxpayer to have to subsidize through corporate welfare profitable corporations,” Sanders said at the last CNN Democratic debate. “I don’t want to break the bad news, but Democrats are not always right. Democrats have often supported corporate welfare.”

“Bernie Sanders is right about the Ex-Im bank,” states the video. “That’s why we oppose corporate welfare across the board.”

Freedom Partners Senior Policy Advisor Andy Koenig issued the following statement:

“Hardworking taxpayers shouldn’t be forced to prop up large corporations through Ex-Im, but the plague of corporate welfare extends far beyond the bank. Whether it’s subsidies, tax carveouts, or bailouts for big businesses, policy makers should take a principled stance against cronyism across the board. Tonight, we’d like to see moderators push both candidates to explain why middle class Americans should be lining the pockets of major corporations and their campaign donors.”

Freedom Partners opposes corporate welfare in any form. The organization has previously fought against the annual re-authorization of the Export-Import Bank, which had seen steady support every year since the New Deal era until Congress stalled its re-authorization for several months in 2015.