‘‘His bank was bailed out big time by the taxpayers. But under the legislation the President negotiated with the Republicans [he] will receive $1.1 million in tax breaks. So $1.1 million in tax breaks for a major CEO on Wall Street, who over the last 5 years received $89 million in total compensation.
‘‘Meanwhile--just to contrast what is going on here--2 days ago, I brought before the Senate legislation which would provide a $250 one-time check to over 50 million seniors and disabled veterans, who for the last 2 years have not received a COLA [cost of living adjustment] on their Social Security. Many of those seniors and disabled vets are trying to get by on $14,000, $15,000, $18,000 a year . . . . Because the Republicans filibustered, I needed 60 votes. I could not get 60 votes. I could not get one Republican vote to provide a $250 check to a disabled veteran trying to get by on $15,000 or $16,000 a year.’’