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HILLARY CLINTON (D), 2016 PRESIDENTIAL CANDIDATE: There's something wrong when hedge fund managers pay lower tax rates than nurses or the truckers that I saw on I-80 as I was driving here over the last two days.
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WALLACE: Senator, don't you believe her?
SANDERS: Well, she's absolutely right. It's not a question of running against Hillary Clinton or taking on Hillary Clinton.
What we're seeing, Chris, right now is that for 40 years, the American middle class has been disappearing. Millions of people are working longer hours for lower wages despite a huge increase in technology and productivity. And what we have seen during that period is a massive transfer of trillions of dollars from the middle class to the top one-tenth of 1 percent of America -- massive wealth and income inequality, where you have 99 percent of all new income today going to the top 1 percent, and the top one-tenth of 1 percent of America --
WALLACE: But, Senator, you --
SANDERS: -- owning as much as the bottom 90 percent.
WALLACE: If I may, you told Bloomberg you had serious doubts about whether she was willing to take on the billionaire class. What are those doubts?
SANDERS: Well, that's it. Yes, but it's -- my point is, it's not just Hillary Clinton.
WALLACE: I'm asking about Hillary Clinton, though, sir.
SANDERS: The answer -- if I can, please. The answer is that I think that is the fight that we have to wage if we're to save the middle class. And I do have doubts about whether Hillary Clinton or whether any Republican candidate out there is prepared to take on the big money interests who control so much of our economy and as a result of Citizens United, our political process as well.
WALLACE: But Clinton says that she wants to be the champion of the middle class. Again, here she is in Iowa this week.
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HILLARY CLINTON (D), 2016 PRESIDENTIAL CANDIDATE: The deck is still stacked in favor of those already at the top. And there's something wrong with that. There's something wrong when CEOs make 300 times more than the typical worker.
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