Senator Bernie Sanders, the Vermont independent, and Senate Minority Leader Chuck Schumer co-wrote a piece this week for the New York Times about their plans to introduce a bill limiting corporate stock buybacks.

The idea, as they laid out, would be to keep a company from buying back stock “unless it invests in workers and communities first, including things like paying all workers at least $15 an hour, providing seven days of paid sick leave, and offering decent pensions and more reliable health benefits.”