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Clinton Press Release: Hillary Clinton: Leadership on The Economy

March 24, 2008 | Permalink

[Clinton Campaign Press Release from March 24, 2008]

clinton_pressrelease.jpg

Hillary Clinton: Leadership on The Economy

SOLVING THE HOUSING CRISIS

Hillary called for a foreclosure timeout on March 15, 2007. In a speech to the National Community Reinvestment Coalition, Hillary calls for a “foreclosure timeout, during which borrowers will have the opportunity to put their financial houses in order and to work out a payment plan.” [Speech, 3/15/07]

  • Bush administration follows Hillary’s lead 11 months and 2.4 million foreclosures later. [USA Today, 2/12/08]

Hillary called for a five year freeze on interest rates on December 5, 2007. Hillary calls on the Administration to negotiate a freeze in interest rates of at least 5 years for all subprime mortgages to give the housing market time to stabilize and families an opportunity to rebuild equity in their homes. [CNN, 12/5/07]

  • Bush administration follows the next day with weaker proposal. [AP, 12/6/07]
  • Sen. Obama still opposes, placing him to the right of Bush administration. [Obama Release, 2/20/08]

PROMOTING FISCAL RESPONSIBILITY

Starting in her first days as Senator, Hillary urged fiscal responsibility to avoid a return to deficits. “You know, I respect the comment about the tax burden on our children, but we also are imposing other burdens on our children if we return to deficits, or if we do not adequately prepare for the retirement of the baby boom generation so that entitlement programs, in whatever way we can provide, will be available so that the burden doesn’t shift to our children.” [Hillary Remarks, Senate Budget Committee Hearing with Greenspan, 1/25/01]

OPPOSING BUSH’S TAX CUTS FOR THE WEALTHY, SUPPORTING TAX CUTS FOR THE MIDDLE CLASS

Starting in her first days as a Senator, Hillary spoke out against was the Bush tax cuts for the wealthy. “What do we do with our budget? I believe in affordable tax cuts. I would like to see some tax cuts. But I also believe that we have to continue to pay down our debt, we have to invest in education, health care, and the environment….so I am going to be looking for a balanced approach…(B)ased on the numbers that I’ve seen, if he has set forward as I believe he has a $1.6 trillion tax cut, I’m very worried about that. ” [Clinton Senate Office press release, 2/5/01]

REBUILDING AMERICA’S INFRASTRUCTURE

Hillary was a leader in the effort to rebuild the nation’s aging infrastructure. “Senator Hillary Rodham Clinton today applauded Senate passage of the National Infrastructure Improvement Act of 2007, bipartisan legislation she introduced with Senators Carper, Voinovich and Coleman, to address the deteriorating condition of our nation’s roads, bridges, drinking water systems, dams and other public works. The bill will establish a National Commission on Infrastructure of the United States, charged with aiding in the nation’s economic growth and ensuring the nation’s infrastructure meets current and future demands…” [Press release, 8/2/07]

PROVIDING SUPPORT FOR THE UNEMPLOYED

Hillary fought to extending unemployment benefits for out of work Americans. Clinton co-sponsored an amendment to the Temporary Extended Unemployment Compensation Act of 2002 to extend the temporary extended unemployment compensation program for five months. In a floor statement, Hillary said “The House Leadership and the President did not support extending benefits then, but now they do now.” [S. 23, 1/07/03; Floor statement, 1/7/03]

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One Response to “Clinton Press Release: Hillary Clinton: Leadership on The Economy”

  1. Paul V on March 24th, 2008 4:18 pm

    I respect your feelings, Obama is a Stand up guy,,but he losing American right and left,
    When he made it a point to go on every news media and say he NEVER Heard REV Jeremiha Wright, say those things,,, then a week Later,,,He make his speech and flat out says Yes He was in church when he made those Remarks right there and then ,, Barack Obama is just a politician who just trying to get Elected,,, He Lied to all American,,, A lot of American including including Republican,, if Obama made it about Race,,, the black Community Will lose the Race,,My self, being a Mexican American, I would love to see, A black President Barack Obama is not him anymore,,, He has No integrity,,, and already lied Live on TV,,,Obama want everyone to look Beyond Race,,, Thats where he loses people,,,He telling All American,,, Look beyond Race while he hold a double standard, when it comes to Race,,,All America See’s that,, Like I said again and again,,almost 6 month ago When Don Imus said those things about the womens basketball Team,,Barack Obama said he should get fired,, Honestly I felt he should get fired,,,
    but Jeremiah Wright we seen what he said about America and what He said about Hilary clinton personally He was way out of line,,, those comment are 1000 time worst than Don Imus,,, Obama refuse to Denounce him out right,,, then he tells every lets get beyond Race,,Barack has a double standard,,, just like Jesse Jackson & Al sharpton,,,
    No American should be doing any kind of Remark like that,,, And I agree but when a black man does it and its happening more and more,, and In Jeremiah Wright, way worst,
    there an excusee over excuses,
    In other words,,, Barack Obama speech is saying “All White Americans Look Beyond Race”
    While all black American live by there Double standard,,
    Until Obama comes out clean, The Democratic party will remain split… I am in charge of over 100,000 blog pages that getting the word out against Barack Obama,, I monitor personally over 500,000 Negitive blogs on Hilary,,,geting the fact out,,,,If Barack Obama Really want Change,,,Then he going to Have to Start with him self,,,,

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