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Hypocritical Clinton

- February 12, 2016

IN 24 HOURS CLINTON WENT FROM ATTACKING BERNIE FOR NOT PAYING FOR HIS PLANS TO INTRODUCING HER OWN UNPAID FOR PLAN

Today, Clinton Has Introduced A New $125 Billion Spending Plan Called The "Economic Revitalization Initiative." "Today, Clinton is announcing the details of her $125 billion Economic Revitalization Initiative to create good-paying jobs, rebuild crumbling infrastructure, and connect housing to opportunity in communities that are being left out and left behind." (Press Release, "Hillary Clinton's 'Breaking Every Barrier Agenda': Revitalizing The Economy In Communities Left Behind," The Briefing, 2/12/16)

Clinton's Website Offers To "Pay For The New Investments In This Initiative Through A Tax On Wall Street," But Fails To Provide Any Additional Detail. "She will pay for the new investments in this initiative through a tax on Wall Street-ensuring that the major financial institutions that contributed to the Great Recession are doing their part in bringing back the communities it hurt the most." (Press Release, "Hillary Clinton's 'Breaking Every Barrier Agenda': Revitalizing The Economy In Communities Left Behind," The Briefing, 2/12/16)

Last Night, Clinton Continued To Perpetuate The Idea That She Will Not Add To The National Debt, Urging Americans To "Vet" Sanders' Spending Proposals

Last Night, Clinton Promised Her Spending Plans Would Be "Paid For," Claimed She Won't Add To The National Debt And Urged Americans To "Vet" Sanders' Spending Proposals. IFILL: "Given what you and Senator Sanders are proposing, and expanding government and almost every area of our lives, is it fair for Americans who fear government to fear you?" CLINTON: No, but it is absolutely fair and necessary for Americans to vet both of our proposals. To ask the really hard questions about what is it we think we can accomplish, why do we believe that, and what would be the results for the average American family? In my case, whether it's health care or getting us to debt-free tuition, or moving us toward paid family leave, I have been very specific about where I would raise the money, how much it would cost, and how I would move this agenda forward. I've tried to be as specific to answer questions so that my proposals can be vetted because I feel like we have to level with people for the very reason, Gwen, that you are mentioning. There is a great deal of skepticism about the federal government. I'm aware of that. It comes from the right, the left, from people on all sides of the political spectrum. So, we have a special obligation to make clear what we stand for, which is why I think we should not make promises we can't keep because that will further, I think, alienate Americans from understanding and believing we can, together make some real changes in people's lives." (Hillary Clinton, Democratic Primary Debate, Milwaukee, WI, 2/11/16)

Click To Watch

CLINTON'S RHETORIC DOESN'T STAND UP TO SCRUTINY, SHE CAN'T PAY FOR THE $1.3 TRILLION IN SPENDING SHE'S ALREADY PROPOSED

Clinton Has Proposed A Total Of $1.328 Trillion In New Spending Programs Or Expanded Spending Over Ten Years . (Reuters, 11/29/15;The Briefing, Accessed 8/10/15; The Wall Street Journal, 9/14/15; The Associated Press , 7/27/15; The Hill, 11/12/15;The Wall Street Journal, 6/15/15;American Federation Of Teachers, 11/9/15; National Education Association, 2/2/15; The New York Times , 9/2/15; Correct The Record, Accessed 10/12/15; The Briefing¸ Accessed 11/30/15;Puerto Rico Healthcare Crisis Coalition, Accessed 12/1/15;The Briefing, 8/26/15;Federal Register, 12/12/14;The Briefing, 8/26/15;USDA, 10/2/15;The Briefing, Accessed 11/2/15; Department Of Justice, Accessed 11/30/15; The Briefing, Accessed 8/26/15;USDA, 1/12/15;The Briefing, Accessed 11/2/15;Reuters, 4/23/15;GAO, 03/14,USA Today , 12/22/15, The Briefing 2/12/16)

Analysis Reveals Clinton's Tax Proposals Will Leave Her At Least $800 Billion Short Of Her $1.3 Trillion Spending Tab

According To Analysis By The Tax Foundation, Clinton's Tax Proposals Would Raise Tax Revenue By $498 Billion Over The Next Ten Years Based On A Static Analysis. "Overall, the plan would increase federal revenue on a static basis by $498 billion over the next 10 years. Most of the revenue gain is due to increased individual income tax revenue, which we project to raise approximately $381 billion over the next decade. The changes to the estate tax will raise an additional $106 billion over the next decade. The remaining $11 billion would be raised through increased taxes on corporations." (Kyle Pomerleau and Michael Schuyler, "Details And Analysis Of Hillary Clinton's Tax Proposals," Tax Foundation, 1/26/16)

According To Analysis By The Tax Foundation, Clinton's Tax Proposals Would Raise Tax Revenue By $193 Billion Over The Next Ten Years Based On A Dynamic Analysis. "However, the plan would end up collecting $191 billion over the next decade when accounting for decreased economic output in the long run." (Kyle Pomerleau and Michael Schuyler, "Details And Analysis Of Hillary Clinton's Tax Proposals," Tax Foundation, 1/26/16)


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