Sanders Warns Against Massive Congressional Bailout for Bezos Space Company

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'At a time when over half of the people in this country live paycheck to paycheck,' SenSanders wrote, 'should we really be providing a multibillion-dollar taxpayer bailout for Bezos to fuel his space hobby?'

on Friday to inveigh against legislation currently before Congress that, if approved, could provide billionaire Jeff Bezos' space flight company with a lucrative NASA contract to build a moon lander.

"Who will, overall, be benefiting from space exploration? Will it be a handful of billionaires or will it be the people of our country and all of humanity?" "At a time when over half of the people in this country live paycheck to paycheck, when more than 70 million are uninsured or underinsured and when some 600,000 Americans are homeless, should we really be providing a multibillion-dollar taxpayer bailout for Bezos to fuel his space hobby?" Sanders , chair of the Senate Budget Committee,"The time is now," he added,"to have a serious debate in Congress and throughout our country as to how to develop a rational space policy...

The bill at issue is the COMPETES Act, a measure ostensibly aimed at bolstering U.S. semiconductor manufacturing, providing more funding for technological research and development, and enhancing the nation's space exploration efforts.for weeks—including in remarks on the Senate floor—that the bill is rife with"corporate welfare.

SpaceX—a company owned by billionaire Elon Musk—a $2.9 billion contract to make a lunar rocket last year.

Source: News Formal (newsformal.com)

 

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SenSanders democrats are the party of billionaires and bankers

SenSanders There should be no bailouts for billionaires. No tax exemptions for corporations. No executive should earn 2-300 times workers pay. No incentives for fossil fuels!

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