Wednesday, April 12, 2006

Clinton on bush's economy

Sen. Clinton Blasts Bush's Budget Policies

CHICAGO - Sen. Hillary Rodham Clinton warned a group of business leaders that America's "red-ink fiscal policies" will make the country less competitive in the global economy.

"I think a return to fiscal discipline, living within our means is essential for our long-term health," she told a meeting Tuesday of the Economic Club of Chicago.

The New York Democrat, a regular critic of President Bush's economic policies, frequently reminds audiences that her husband left the White House boasting of a budget surplus and that under Bush the country is running record budget deficits.

Clinton said Tuesday that she supports pay-as-you-go budget rules in the Congress where taxes can't be cut or money spent unless there are funds to pay for it. "A very old-fashioned idea but one which I hope we can begin to return to," she said.

"Over the long term ... red-ink fiscal policies will undermine America's competitiveness," she said.

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Of course, she is talking sense, which the repugs will have none of!

Hopefully, the American public will have enough of bush's reckless policies, though.