Sen. Jeff Sessions of Alabama said Tuesday that the idea of the country's millionaires sharing more of the pain in terms of getting our financial house is "rather pathetic."
Senate Majority Leader Harry Reid, moving to budget issues on the Senate floor, proposed a non-binding resolution that states: "It is the sense of the Senate that any agreement to reduce the budget deficit should require that those earning $1,000,000 or more per year make a more meaningful contribution to the deficit reduction effort."
Citing statistics that say the median income of S&P 500 companies chief financial officers jumped $2.9 million last year alone, the resolution makes note of the fact that 20 percent of all income goes to the top 1% in the United States while median family income has declined by more than $2,500 in the last 10 years.
Sen. Sessions seemed to consider the resolution a delay to getting to the meat of the matter, which seems to be what major cuts can be made to the budget.
Sen. Reid's spokesman Adam Jentleson made a statement saying "Apparently, nothing irritates Republicans more than the prospect that millionaires and billionaires might be asked to share in the burden of deficit reduction."
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