Just when I thought Hillary Clinton had offered the American voters enough "goodies" to convince even the biggest sceptic that she is a hard core Socialist. She went and offered more free stuff that would have to be financed by the taxpayers who are already taxed heavily.
Today she promised, if elected President, she would establish 401 K plans for everybody! The following is aquote from The Hillary Project.
"Every citizen could get a 401(k) retirement account and up to $1,000 in annual matching funds from the government under a plan offered Tuesday by Democratic presidential candidate Hillary Rodham Clinton.
At a cost of $20 billion-$25 billion a year, the plan is Clinton's largest domestic proposal other than her plan for universal health insurance.
The New York senator said it would be paid for by taxing estates worth more than $7 million per couple and would help narrow the gap between the rich and those who don't have enough savings for retirement.
At the same time, Clinton said she has given up another idea for a savings incentive—giving every baby born in the United States a $5,000 account to one day pay for college or a first home.
She made that suggestion last month before the Congressional Black Caucus, saying it was just an idea and not a policy proposal. The idea was criticized by Republicans, and she told The Wall Street Journal in an interview published Tuesday that it's off the table.
The campaign of her Democratic rival John Edwards suggested it was an example of Clinton setting her positions by polls. "Apparently, new polling data seems to have pressured the Clinton campaign to throw out the baby bond with the bathwater," said Edwards spokesman."
At a cost of $20 billion-$25 billion a year, the plan is Clinton's largest domestic proposal other than her plan for universal health insurance.
The New York senator said it would be paid for by taxing estates worth more than $7 million per couple and would help narrow the gap between the rich and those who don't have enough savings for retirement.
At the same time, Clinton said she has given up another idea for a savings incentive—giving every baby born in the United States a $5,000 account to one day pay for college or a first home.
She made that suggestion last month before the Congressional Black Caucus, saying it was just an idea and not a policy proposal. The idea was criticized by Republicans, and she told The Wall Street Journal in an interview published Tuesday that it's off the table.
The campaign of her Democratic rival John Edwards suggested it was an example of Clinton setting her positions by polls. "Apparently, new polling data seems to have pressured the Clinton campaign to throw out the baby bond with the bathwater," said Edwards spokesman."
If Americans could see through the lies and false promises that Senator Clinton is spewing. They would realize that there is not enough money received by the Federal Government from the high earners to fund this plan. I believe it would not get through Congress, but it illustrates the lengths that this Socialist will go to to capture her prize--the White House!
If she gets elected every wage earner will pay the price for her Socialistic ideals!
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