Clinton Proposes $275 Billion in Infrastructure Spending

Former Secretary of State Hillary Clinton today proposed a five-year infrastructure spending program totaling $275 billion. The New York Times reports:

Hillary Clinton Unveils Sprawling, and Expensive, Infrastructure Investment Plan

Evoking the investment in American infrastructure by Presidents Franklin D. Roosevelt and Ronald Reagan, Hillary Clinton on Monday unveiled the most sprawling — and costly — government program of her campaign to date.

Mrs. Clinton said her five-year, $275-billion federal infrastructure program was aimed at creating middle-class jobs while investing heavily in improving the country’s highways, airports and ports. Bridging the “infrastructure gap” between the United States and developing nations like China would also eliminate red tape and fuel overall economic growth, she said.

“Workers can’t get to work, congestion keeps parents stuck in traffic, floods threaten our cities, and airports leave travelers stranded for hours or even days at a time,” the campaign wrote in a fact sheet about the proposal.

The plan is the start of a month-long shift by the campaign to a focus on domestic proposals based on what it calls Mrs. Clinton’s “jobs agenda.” Since she declared her candidacy in April, Mrs. Clinton has proposed policies to regulate the financial industry, combat climate change, help ease the heroin epidemic and provide tax relief to families carrying for sick relatives, among other things.

The full article has more details here.