Monday, May 9, 2016

Network for Hillary! “Study: Clinton's Proposals would not Significantly Increase National Debt"




A quick morning read & action to share W/friends over your morning beverage of choice!


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“Study: Clinton's proposals would not significantly increase national debt

Campaign proposals from Democratic presidential candidate Hillary Clinton would not significantly increase the debt levels projected under current law, the Committee for a Responsible Federal Budget (CRFB) said in a report Monday.

The former secretary of State’s proposals would cost $1.8 trillion over 10 years with interest and would be almost completely paid for by $1.6 trillion of offsets. The $200 billion gap may be more than fully covered by a corporate tax reform plan whose specifics have yet to be released, the CRFB said.
Clinton’s spending proposals include her plans for debt-free college, expanding ObamaCare and increasing infrastructure spending. Her spending initiatives would largely be offset by tax increases on the wealthy.

The group was encouraged by the fact Clinton proposed specific offsets for her spending proposals.
“Paying for new initiatives is an important and necessary step to ensuring the nation’s fiscal health does not further deteriorate,” it said.

...“Even so, given that her proposals are largely paid for, it remains possible for Secretary Clinton to offer a viable deficit reduction plan, and we encourage her to do so,” the group said.

Unlike Clinton’s proposals, the proposals of fellow Democratic candidate Bernie Sanders and Republican presidential candidates Donald Trump and Ted Cruz” (now Trump is the presumptive GOP nominee, of course) “would add trillions of dollars to the debt, the CRFB has found.

Over a decade, Sanders’s plans would increase the debt by $2 trillion to $15 trillion, Trump’s plans would raise the debt by $12 trillion to $15 trillion and Cruz’s plans would raise the debt by $12.5 trillion, the group estimates.”

The story can be found here

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Curated by Gail Mountain, Network for Hillary Daily is not affiliated with the official campaign of Hillary Clinton in any capacity. This is an independent pilot blog committed to electing Hillary Clinton as the next President of the United States. The is hope that you will, at a glance, learn more about the candidate and that you will, with a click or two, also take action on her behalf daily! Over breakfast if we are both on time or over any other pause during the day that works!!!

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