These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are act… - Bernie Sanders

The real issue here, if you look at the Koch Brothers' agenda, is: look at what many of the extreme right-wing people believe. Obamacare is just the tip of the iceberg. These people want to abolish the concept of the minimum wage, they want to privatize the Veteran's Administration, they want to privatize Social Security, end Medicare as we know it, massive cuts in Medicaid, wipe out the EPA, you don’t have an Environmental Protection Agency anymore, Department of Energy gone, Department of Education gone. That is the agenda. And many people don’t understand that the Koch Brothers have poured hundreds and hundreds of millions of dollars into the tea party and two other kinds of ancillary organizations to push this agenda.

During his campaign, Trump said that he would stop the pharmaceutical companies from “getting away with murder.” Well, that didn’t happen. They’re making more money than ever. During the first half of last year there were 96 drug price increases for every price cut. Today, in the United States, we pay by far the highest prices in the world for prescription drugs, while the top ten pharmaceutical companies made $69 billion in profits last year alone. Shockingly, one out of five Americans cannot afford to purchase the prescription drugs their doctors prescribe. That is insane. As president, I will implement legislation I have introduced which would lower prescription drug prices by 50 percent so Americans no longer pay any more for their medicine than the people of other countries. During his campaign, Trump promised he would not cut Medicare, Medicaid and Social Security. But the budget he proposed in March would cut $1.5 trillion from Medicaid, $845 billion from Medicare, and $25 billion from Social Security. As president, at a time when so many seniors and people with disabilities are struggling, I will not cut Social Security. In fact, legislation that I have introduced would expand Social Security benefits while extending its solvency for over 50 years. During his campaign, Trump promised that “the rich will not be gaining at all” under his tax plan. But the reality is that the plan that he helped pass provides 83 percent of the benefits to the top one percent by the end of the decade. Further, as a result of his tax plan, major profitable corporations like Amazon, General Motors, Chevron, IBM and Eli Lilly and dozens of other major corporations paid zero in federal income taxes after making billions in profits. That is a regressive and unfair tax system that must not be allowed to continue. At a time when the very rich are getting much richer and when corporations are enjoying record-breaking profits, I believe that the wealthiest people in this country have got to start paying their fair share of taxes and that we must end the tax havens that exist in places like the Cayman Islands where corporations and the rich stash trillions of dollars to avoid paying their taxes.

O'DONNELL: Mayor Bloomberg, I'll let you respond to that. Do you think Senator Sanders' economy would be better for America than President Trump's?