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Hillary Clinton to Lay Out ‘Bold, Progressive’ Economic Vision

2 minute read

A day after excoriating Donald Trump in a lengthy speech that mocked his businesses and economic policies, Hillary Clinton will on Wednesday lay out her plan for growing the economy.

Previewing the speech, a campaign aide said that in an address to be made in Raleigh, North Carolina, Clinton will be “doubling down” on the “bold, progressive policies” that she introduced during the primary campaign against Vermont Sen. Bernie Sanders.

Clinton will discuss a slate of plans that she formulated during the primary, including debt-free college, large-scale infrastructure investment, raising taxes on the wealthy and expanding Social Security, among other measures.

“Clinton will explain her diagnosis of the state of the U.S. economy, saying that too many corporate and government leaders have lost sight of our shared responsibility and forgotten that we’re all in this together,” said the aide. “This has led to a widening of the gaps in our economy.”

Unclear, however, is the extent to which Clinton will adopt some of the language Sanders has used on the campaign trail that has been so successful in attracting Democrats.

Already, Clinton has spoken often of addressing inequality and, as early as the first swing of her campaign in Iowa in April 2015, said that hedge fund managers often unfairly pay a lower tax rate than their secretaries. But whether Clinton moves toward incorporating into the Democratic platform some of Sanders’ demands on issues ranging from Social Security to banking regulations is uncertain.

On Tuesday, Clinton will touch broadly on some of her pet policy proposals, which include a corporate profit-sharing plan for as high as 10% of employees’ wages, an infrastructure bank to fund building projects, and a $5,000 tax credit for out-of-pocket consumer health costs.

She will also discuss her $350 billion proposal to make public colleges debt-free for students, as well as her so-called “clawback” tax which requires companies that relocate outside the United States to pay back some taxes to the federal government when they leave.

Clinton ridiculed Trump’s business practices during a speech in Columbus, Ohio on Tuesday, saying the real estate mogul “stiffed” his own contractors and ripped off his employees. She said Trump’s plans would send the United States into a recession.

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