Clinton: Trump’s Economic Policies are ‘Too Big a Risk’ for Women & Families

Hillary Clinton, who says “women’s issues are economic issues” has proposed limiting the cost of child care to 10% of income, and blasts Donald Trump’s economic policies as steering even more money to the wealthiest while adding trillions to the national debt and adversely impacting women and families © 2016 Karen Rubin/news-photos-features.com
Hillary Clinton, who says “women’s issues are economic issues” has proposed limiting the cost of child care to 10% of income, and blasts Donald Trump’s economic policies as steering even more money to the wealthiest while adding trillions to the national debt and adversely impacting women and families © 2016 Karen Rubin/news-photos-features.com

 

At a rally in Blackwood, New Jersey, Hillary Clinton criticized Donald Trump for his reckless tax plan that would hand trillions in tax breaks to billionaires and corporations at the expense of working families and seniors. Clinton also questioned why Trump refuses to release his own tax returns – a standard disclosure that’s been made by every major presidential candidate in the last forty years.

“He has released what he calls his tax plan, and it very clearly is his plan, because Donald Trump’s tax plan was written by a billionaire for billionaires,” Clinton said. “He wants to spend $3 trillion – that’s with a T – $3 trillion on tax cuts for people like him who make over a million dollars.  That is $100,000 every month for multi-millionaires.  Now, to put that in perspective, $3 trillion is enough money to make Social Security and Medicare solvent for the next 75 years. It’s enough money to put millions of Americans to work to repair and modernize all of our country’s infrastructure up to world-class standards…

“Now, think about this.  The typical family in America earns $54,000 a year.  It would take that family 24 years of work to earn what Donald Trump’s tax plan will hand out to people like him in just one year.  That is no way to create good jobs with rising incomes for the vast majority of Americans, is it? And the gentleman who called out, what about his tax plan, I hope you’ll keep asking that.

“And what about his taxes?  So we’ll get around to that, too, because when you run for president, especially when you become the nominee that is kind of expected.  My husband and I have released 33 years of tax returns.  We got eight years on our website right now.  So you got to ask yourself, why doesn’t he want to release them?  Yeah, well, we’re going to find out.”​

Clinton has released her tax returns every year since 1977.  The last eight years of Clinton’s tax returns are available on her website, here

Senator Barbara Mikulski of Maryland and Neera Tanden, President of the Center for American Progress Action Fund, participated in a Hillary for America press call to criticize how Donald Trump’s economic policies are too big a risk for American women and families. From his plan to give massive tax breaks to millionaires to his opposition to a federal minimum wage floor, Donald Trump is the wrong choice for women and families, they insisted.

 

“Make no mistake: Trump’s divisive comments about women’s health are a direct threat to our dignity and economic security. But these ideas are not the only risk a Trump presidency would pose for the economic future of women and families around this country,” said Neera Tanden, President of the Center for American Progress Action Fund. Trump’s tax plan “gives $3 trillion to millionaires, that’s enough to make Social Security and Medicare solvent for 75 years. Women, who rely disproportionately on Social Security, can’t afford such an irresponsible giveaway.”

Donald Trump still opposes raising the minimum wage because he has maintained, “wages are too high,” and recently said he doesn’t favor a federal floor for the minimum wage, which could leave many workers subject to a lower minimum wage. At a time when two-thirds of minimum wage workers are women, this issue is critical to working families.

The trillions in tax cuts for millionaires, billionaires and corporations laid out in Donald Trump’s tax plan would be an enormous boon for the top one percent of earners, made at the expense of working families, seniors and the health of our economy. His plan would give $3 trillion over 10 years or more than 35% of its tax breaks to millionaires. That giveaway represents enough money which could go to ensure Medicare and Social Security’s solvency for the next 75 years, repair our ailing infrastructure, or raise every person now living in poverty up to the poverty line. Trump would give multi-millionaires in the top 0.1% like himself a raise of $1.3 million a year, or $100,000 a month, Tanden noted.

They offered a clear contrast between Donald Trump’s tax plan “by a billionaire for the billionaires” and Hillary Clinton’s plan, including calling for limiting child care expenses to 10% of income.

“I’m with Hillary because I know that she’s the only candidate who will make fighting for women and families her priority. I’ve worked with her on the macro issues, and I’ve worked with her on the macaroni and cheese issues, and I know she will be a great president. She’s already a great champion for women. The presumptive Republican nominee offers a different vision,” said Senator Barbara Mikulski.

Clinton has continually maintained ““Women’s issues are family issues, economic issues, and crucial to our future competitiveness.

“Too often, these are called women’s issues. Well, I am a proud lifelong fighter for women’s issues, because I firmly believe what’s good for women is good for America. … As far as I’m concerned, any issue that affects women’s lives and futures is a women’s issue.”

Clinton has pledged to:

  • Ensure equal pay for women.
  • Defend women’s health and reproductive rights against attacks.
  • Fight for paid family leave and affordable child care.

America has taken tremendous strides when it comes to expanding opportunity for women—but our fight is far from over. Women still earn less than men on the job. Many women still face barriers to entering and advancing in the workforce, and the ability of women to make their own health decisions is under assault. Hillary believes that issues that affect women’s lives are not just “women’s issues”—they are family issues, they are economic issues, and they are crucial to our future competitiveness. She has been fighting for women and girls her entire career, and she’s just getting started.

Read: This is what it looks like when a presidential candidate truly understands reproductive rights.

As president, Clinton pledges to:

  • Work to close the pay gap.Women earn less than men across our economy—and women of color often lose out the most. Hillary will promote pay transparency across the economy and work to pass the Paycheck Fairness Act—a bill she introduced as senator—to give women the tools they need to fight workplace discrimination.
  • Fight for paid family leave.No one should have to choose between keeping their job and taking care of a sick family member, and no parent should have to go back to work right after they welcome their newborn baby. A quarter of all women in America return to work within ten days of having a child because they have no paid leave. The United States is the only country in the developed world without guaranteed paid leave of any kind. That has to change.
  • Make quality, affordable childcare a reality for families.We need to recognize that quality, affordable child care is not a luxury—it’s a growth strategy. Women are now the primary or co-breadwinners in two-thirds of families with children. But out-of-pocket child care costs have soared by nearly 25 percent during the past decade. We need to make investing in child care a national priority—including supporting on-campus child care and scholarships to meet the needs of the nearly 5 million American college students who are also parents.
  • Increase the minimum wage.The current minimum wage isn’t enough for Americans to meet their basic needs. Because women represent nearly two-thirds of all minimum wage workers, many women are living that reality every day. A higher minimum wage will help close the gender pay gap, lift millions of women out of poverty, and have a ripple effect across our economy. While we work to raise the federal minimum wage, Hillary will also support state and local efforts to go above the federal floor.
  • Defend and enhance Social Security.Hillary believes Social Security is an American success story. She is committed to defending it from Republican attacks and enhancing it to meet new realities—especially for women. The poverty rate among widowed and divorced women who are 65 years or older is nearly 70 percent higher than for the elderly population as a whole. This unacceptably high poverty rate is partly due to an unfair policy: Two-breadwinner families can face steep reductions in their benefits when a spouse dies. It’s time to change that.
  • Protect women’s health and reproductive rights.Women’s personal health decisions should be made by a woman, her family, and her faith, with the counsel of her doctor. Hillary will stand up to Republican attempts to defund Planned Parenthood, which would restrict access to critical health care services, like cancer screenings, contraception, and safe, legal abortion. She will fight to protect the Affordable Care Act, which bans insurance companies from discriminating against women and guarantees 47 million women and counting access to preventive care.
  • Confront violence against women.One in five women in America is sexually assaulted while in college. Twenty-two percent of women experience severe physical violence by an intimate partner at some point in their lifetime. American women are 11 times more likely to be murdered with guns than women in other high-income countries. It’s time to address violence against women—and Hillary will put forward bold plans to do that.
  • Promote women’s rights around the globe.As secretary of state, Hillary made it a priority to advance the rights of women and girls around the globe. In far too many parts of the world, women are still held back by social, economic, and legal barriers. One in every three girls in developing countries is married before the age of 18, and laws in 79 countries still restrict the type of work women can do. Hillary knows these laws hold societies back, and that promoting gender equality around the world—from ensuring that girls have equal access to education, to making women safe from sexual violence, to promoting equal economic opportunity—will promote a more just, secure, and prosperous global community.

Clinton has a record of fighting for women and girls throughout her career:

  • After graduating from Yale Law School, Hillary chose not to take a prestigious job at a law firm. Instead, she became an advocate for women, families, and children. She went to work at the Children’s Defense Fund, where she helped expand access to education for children with disabilities.
  • As first lady of Arkansas, she helped start Arkansas Advocates for Children and Families.
  • As first lady of the United States, Hillary was a staunch advocate for women and children’s issues. She led the U.S. delegation to the U.N. Fourth World Conference on Women in Beijing, where she proclaimed that “women’s rights are human rights.” She also advocated for the Family and Medical Leave Act, which provides leave for new parents or those with a sick loved one, and she worked to increase funding for child care.
  • As senator from New York, Hillary championed access to emergency contraception and voted in favor of strengthening a woman’s right to make her own health care decisions. She also championed the Paycheck Fairness Act and co-sponsored the Lilly Ledbetter Fair Pay Act in an effort to achieve equal pay and help close the wage gap. She fought for legislation to guarantee paid sick leave and paid parental leave for all federal employees.
  • As secretary of state, Hillary made women’s rights a cornerstone of U.S. foreign policy. She created the now-permanent position of ambassador-at-large for global women’s issues and helped launch the first U.S. strategy on women, peace, and security. She also advanced women’s economic empowerment, championed programs to prevent and respond to gender-based violence, and spearheaded public-private partnerships to improve the status of women and girls.

 

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