Hillary’s Plan: The Economy

Under Clinton, Economy is “Stronger Together.”  Under Trump, Economy is “Billionaires First.”

Hillary Clinton believes our economy is stronger when we grow together. She’s put forward a comprehensive agenda to build an economy that works for everyone, not just those at the top — fighting for the largest investment in good-paying jobs since World War II, debt-free college, profit-sharing, tax fairness, and family-friendly policies like paid leave. Donald Trump, on the other hand, has put forward an agenda that showers billionaires and millionaires like himself with trillions in tax breaks and new loopholes, recklessly exploding the deficit while actually raising taxes on millions of middle-class families.

When John McCain’s former economic advisor studied the two plans, he actually calculated that under Hillary’s plans the economy would create 10.4 million jobs in her first term alone—while Trump’s plans would result in a “lengthy recession” and a loss of 3.4 million jobs.

*Trump has outsourced his products to at least 12 countries and routinely picks Chinese steel over U.S. manufacturers.

Hillary Clinton believes we need to build an economy that works for everyone, not just those at the top.  As president, Clinton will:

• Break through Washington gridlock to make the boldest investment in good-paying jobs since World War II
• Make debt-free college available to all Americans
• Rewrite the rules to ensure that workers share in the profits they help create
• Ensure that those at the top pay their fair share
• Put families first by matching our policies to how families live, learn, and work in the 21st century economy

Trump’s reckless agenda would shower billionaires and millionaires like himself with trillions in tax breaks and new loopholes, recklessly exploding the deficit while actually raising taxes on millions of middle-class families. Trump will:

• Enact a massive backdoor tax cut for billionaires and millionaires like himself, also known as “The Trump Loophole.”
• Widen the “carried interest” loophole by slashing tax rates on partnerships, including hedge funds and private equity firms.
• Get rid of the Wall Street reforms enacted after the recent crash, removing protections for consumers.
• Eliminate the estate tax, resulting in a $4 billion tax cut for his family alone — while giving 99.8% of Americans nothing.
• Actually raising taxes on millions of middle-class families.

Run up the national debt by nearly $21 trillion over 20 years.

For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, YouTube, and Instagram. Also, be sure to subscribe to the campaign’s official Podcast, With Her.

Hillary Clinton Campaigns with Senator Sanders in New Hampshire

Hillary Clinton and Senator Bernie Sanders teamed up for a campaign event focused on reducing the cost of higher education. Speaking at the University of New Hampshire in Durham, Senator Sanders spoke about his support for Hillary Clinton and her “new college compact.” Clinton then took the stage and spoke about a number of the compact’s key points including her plan to reduce interest rates on student loans and how future college students whose families make less than $125,000 per year will be able to graduate from a public college or trade school debt free. Speaking of her own experience following graduation she said, “I could never have done that if I had the kind of interest rates a lot of people are facing. We are going to fix it. This is wrong.” Clinton said that she believes it is wrong for the government to profit on students’ education. Clinton and Sanders then took part in a question and answer period with those in attendance. A full video from the event is below.

For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, YouTube, and Instagram. Also, be sure to subscribe to the campaign’s official Podcast, With Her.

News Source: MassLive, USA Today

HFA Statement on Donald Trump’s Russian Business Interests

Following reports of Donald Trump’s business dealing in Russia, Hillary for America Deputy Communications Director Christina Reynolds released the following statement:

“Despite his effort to hide his business dealings, we now know that Donald Trump has profited from hundreds of millions of dollars from Russian interests.  These alarming financial ties present a possible motive for his otherwise puzzling pro-Putin policies such as his openness to lifting sanctions against Russia that currently inhibit money making opportunities for corporations like the Trump Organization.  This is precisely what more than fifty national security experts warned against when they called on Trump to disclose and divest his conflict-laden foreign assets that could endanger America’s national security.  Unless Donald Trump immediately details all his business connections with Russia and every other foreign nation, we will never know what is driving his decision making: the interests of the American people or his own bottom line.”

For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, YouTube, and Instagram. Also, be sure to subscribe to the campaign’s official Podcast, With Her.

News Source: ABC News

Hillary Clinton Announces Plan to Combat High Prescription Drug Prices

On Friday, Hillary Clinton announced a plan to combat the rising cost of prescription drugs, particularly the excessive rise in costs of live saving prescriptions like the EpiPen. Clinton’s plan would create a federal team to monitor drug prices and track increases. Her plan also provides several actions the government could take when drug prices have been raised excessively such as fines and increased access to treatment programs. An outline of Clinton’s proposal is below, and the full plan can be read on The Briefing.

• Making alternatives available and increasing competition
• Emergency importation of safe treatments
• Penalties for unjustified price increases to hold drug companies accountable and fund expanded access
• Dedicated oversight to protect consumers
• Strong new enforcement measures to respond when there are unjustified, outlier price increases that threaten public health
  • Directly intervening to make treatments available, and supporting generic and alternative manufacturers that enter the market and increase competition to bring down prices
  • Broadening access to safe, high-quality generic and alternative competitors through emergency importation
  • Holding drug makers accountable for unjustified price increases with new penalties – and using the funds to expand access and competition
• Cap monthly and annual out-of-pocket costs for prescription drugs to save patients with chronic or serious health conditions hundreds or thousands of dollars
• Clear out the FDA generic backlog
• Prohibit “pay for delay” arrangements that keep generic competition off the market
• Ensure American consumers are getting value for their drugs
• Stop direct-to-consumer drug company advertising subsidies, and reinvest funds in research
• Require drug companies that benefit from taxpayers’ support to invest in research, not marketing or profits
• Allow Medicare to negotiate drug and biologic prices and demand higher rebates for prescription drugs in Medicare

For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, YouTube, and Instagram. Also, be sure to subscribe to the campaign’s official Podcast, With Her.

News Source: The Briefing, The New York Times

Hillary Clinton Announces Plan to Boost Small Businesses

On Tuesday, Hillary Clinton announced a plan she would introduce as president to boost small businesses. She introduced her plan in an article for LinkedIn followed by a teleconference with members of the press and several small business owners. Clinton warned of Donald Trump’s past business practices with small businesses arguing that a Trump presidency would not be good for small business owners. The comprehensive plan builds on her overall economic plan which would create millions of jobs by investing in infrastructure upgrades and clean energy. Small businesses play into her overall plan as they will provide American workers and products. An outline of the plan is below and the full plan is available on The Briefing.

1. Make it easier to start a business and become profitable
   • Push states to make it faster and cheaper to start a business
   • Working with states to standardize licensing requirements
   • Making technical assistance and resources available to states
   • Provide incubators, mentoring, and training to 50,000 entrepreneurs and small business owners in underserved communities
2. Make it easier to get financing and find investors
   • Streamline regulation and cut red tape for community banks and credit unions
   • Harness the potential of online lending platforms
   • Reduce the burden of student debt by allowing entrepreneurs to defer student loan payment
   • Promote the 100% tax exclusion on capital gains for long-term small business investments
   • Expand and streamline the SBA’s Small Business Investment Company program
   • Support new innovative ways to assess creditworthiness for small business owners
   • Expand access to credit in underserved communities
   • Give the SBA administrator the authority to continue providing 7(a) loan guarantees to small businesses
   • Expand access to working capital by expanding the SBA’s working capital guarantee programs
3. Make it cheaper and faster to file taxes and pay for tax relief
   • Work to create a new standard deduction for small businesses
   • Allow 4 million small businesses with gross receipts under $1 million to take advantage of “checkbook accounting”
   • Allow small businesses to immediately expense up to $1 million in new investments
   • Quadruple the start-up tax deduction to significantly lower the cost of starting a business
4. Make it easier to offer health care and other benefits to employees
   • Simplify and expand the healthcare tax credit
   • Allow more small businesses pool together to offer retirement plans
5. Make it easier to work with the federal government
   • Work to completely revamp the digital experience for small businesses
   • Use the leverage of more than $400 billion in federal government contracting to encourage businesses to pay their suppliers in full and on time
   • Guarantee a 24-hour response time to small businesses with questions about federal regulations and access to capital programs
   • Ensure that Small Business Development Centers are placed in the highest-need communities with staff that speaks the language of local residents
   • Work to ensure that federal regulations aren’t unnecessarily holding small businesses and our economy back
   • Increase federal contracting opportunities for women-owned, minority-owned, and veteran-owned small businesses
   • Defend and strengthen the Export-Import Bank
   • Encourage small business exports by expanding SBA funding for export development
6. Make it easier to fight back when you’re getting stiffed

For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, YouTube, and Instagram. Also, be sure to subscribe to the campaign’s official Podcast, With Her.

News Source: LinkedIn, The Briefing, Bloomberg, Forbes

Hillary Clinton Addresses American Federation of Teachers

On Monday evening, Hillary Clinton spoke during the annual convention of the American Federation of Teachers. Clinton spoke about her dedication to education and teachers saying that she would support efforts to modernize teaching, expand computer science and STEM education, ensure that testing assists teaching, and oppose vouchers and for-profit schools. Clinton also attacked Republican Donald Trump for his divisive policies and Republicans attitude toward education. A video from the event is below.

Two Hillary for America fundraisers were held today. The first was in Portland, Oregon and included a conversation with Senior Policy Advisor Ann O’Leary. The event took place at the home of Leanne Littrell DiLorenzo and John DiLorenzo Jr. The second event was in Atlanta, Georgia. The event featured former Congressman Barney Frank and was held for LGBTQ and Allies for Hillary. The event was hosted by Alan Brewer and Michael Goltzman.

For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, and Instagram.

News Source: Education Week, Twin Cities Pioneer Press

Clinton Unveils Plan to Make College Debt-Free

Today, Hillary Clinton’s campaign unveiled additional details of her plan to reduce the cost of higher education for families and students. Under Clinton’s proposed plan, tuition at in-state public college would be eliminated for families with incomes of less than $125,000 per year. The plan is a combination of her previous plan as well as some key points from her Democratic primary rival Bernie Sanders.

In addition, Clinton’s plan would call for a three-month moratorium on all federal student loan payments. During that time, borrowers could restructure their debt and save money by lowering interest. Full details of Clinton’s plan are available on The Briefing and are outlined below:

• Provide immediate help to graduates who need relief from crushing debt
  • Refinance their student loans
  • Enroll in income-based repayment
  • Push employers to contribute to student debt relief
  • Get relief from debt for starting a business or social enterprise
  • Reward public service
• Debt-Free college for our future students
  • Eliminate college tuition for working families
  • Help students deal with all the costs of attending college
• The New College Compact
  • Colleges and universities will be accountable for reining in costs to provide value to their students; improving completion rates and learning outcomes; and doing more to provide students from disadvantaged backgrounds with the tools they need to reach college and succeed once they get there.
  • Students will be expected to work 10 hours a week to help defray the full cost of attendance. Clinton will push to expand work opportunities that build career skills and introduce students of all backgrounds to public service careers.
  • As part of this New College Compact, Hillary will encourage and reward innovators who design imaginative new ways of providing valuable higher education to students while driving down costs.  And she will crack down on the abusive practices of for-profit colleges that defraud taxpayers while burdening students with debt for educational programs of no value.

For all the latest, follow our Scheduled Events page and follow Clinton on Twitter, Facebook, and Instagram.

News Source: The Briefing, The New York Times