Clinton proposes $275 billion in new infrastructure spending

Hillary Clinton announced she intends to spend $275 billion dollars updating the U.S.’s lagging infrastructure.

Aides said Saturday that Clinton’s jobs agenda will focus on creating “higher than average paying jobs … in manufacturing, infrastructure and clean energy”.

As president, Clinton said she would increased federal investment in infrastructure by $275 billion over the next five years. The billionaire investor and Omaha resident was set to talk tax reform with Clinton at a December 16 event aimed at boosting grassroots support, the Omaha World-Herald reported exclusively Sunday. According to her campaign, Clinton’s focus on these areas is based in studies that show workers in these industries earn around $38,810.

In response, Clinton campaign spokesman Nick Merrill refused to directly address the former secretary of state’s meetings with donors and fundraisers. “Right now, the wealthy pay too little, and the middle class pays too much”, she said in the October Democratic debate. Walsh endorsed Clinton on Sunday.

“Get your sledge hammers ready, because we’ve got a glass ceiling to demolish!” he shouted into the microphone, before turning the stage over to Clinton. “We need once and for all to have a very big infrastructure program”.

Clinton’s plan proposes the creation of an infrastructure bank to leverage hundreds of billions of dollars in foreign and domestic private investment for infrastructure projects, an idea that has been supported by the Obama administration, transportation experts and both conservative and liberal economists.

Infrastructure spending has been a top priority of President Obama’s as well, but his plans have so far failed to go anywhere in the Republican-controlled Congress. Clinton’s proposal would face the same opposition in Congress, which is likely to have at least one chamber under GOP control if she wins the presidency. It was a powerful moment and made only more powerful because Hillary Clinton is also the most experienced person of any party or gender to run for office in a generation.

Republicans have called the plan irresponsible and outrageously expensive, pointing out that – in total – Clinton has now proposed over $1 trillion in new spending.

Clinton’s proposal for new federal spending would be in addition to “what the Congress should finally get around to authorizing”, she said.

It was again O’Malley who led with the most forceful attack, calling Trump an “immigrant bashing, carnival barker” and likening him to Joseph McCarthy, a conservative United States senator who stoked anti-communist fear in the early Cold War years.