LPA Foundation
Advisor Stephen Moore

Advisor Stephen Moore — LPA Foundation

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How Will Clinton Pay for Infrastructure Spending?

December 2, 2015

Hillary Clinton has just announced yet another big spending idea to win Democratic votes. This time she wants $275 billion for public works projects. No word yet as to whether they are "shovel-ready." By the way, didn't Obama fix the infrastructure crisis just a few years ago when he spent hundreds of billions of dollars from his "stimulus" program on roads, bridges, green energy projects and the like?

Hillary's latest idea is on top of a $350 billion "college affordability" initiative, an early childhood education program, and doubled funding for Head Start. Those are the initiatives that taxpayers will have to fund to the tune of about $700 billion over five years.

She also wants to raise the minimum wage and require businesses to offer paid family and medical leave ‎to their workers. These hidden tax hikes could add hundreds of billions of new costs to employers. But who's counting?

Her unwavering commitment to infr‎astructure programs comes only a few weeks after she announced her opposition to the Keystone XL pipeline project that would create thousands of mostly union, high-paying construction jobs without costing taxpayers a thin dime. For the left, paying homage to climate change theology always comes first in the policy pecking order.

Hillary has also pledged not to raise taxes on those who make less than $250,000. Sure. She will fund a near trillion-dollar agenda by getting the money from the top 2 percent. Anyone who believes that deserves to have their taxes raised.

Issue Categories : Budget, Hillary Clinton, Taxes