Statement from the Clinton Campaign’s Senior Economic Adviser Gene Sperling

Forum Name General Discussion: Politics
Topic subject Statement from the Clinton Campaign’s Senior Economic Adviser Gene Sperling
Topic URL http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x4054458#4054458
4054458, Statement from the Clinton Campaign’s Senior Economic Adviser Gene Sperling
Posted by William769 on Sun Jan-13-08 03:41 PM

Press release.

"Senator Clinton began calling for stimulus over a month ago, and last week became the first candidate to unveil a detailed, aggressive stimulus plan to give confidence and immediate support to struggling middle class families. We are heartened to see that Senator Obama has followed Senator Clinton's lead and announced a stimulus package that borrows heavily from Senator Clinton's, but it nonetheless comes up short."

"Any effective stimulus plan must include a comprehensive effort to end the housing crisis, which is dragging down our economy and putting millions of homeowners at risk. Senator Clinton's package offers substantially more assistance to mitigate the effects of mounting foreclosures than Senator Obama's plan. It also offers an aggressive plan to end the foreclosure crisis by imposing a moratorium on subprime foreclosures and a freeze in subprime mortgage rates. Senator Clinton has been leading on the housing issue for much of the year now, and has presented a comprehensive agenda that will help families refinance unworkable loans and ensure that responsible families are able to get mortgages."

http://www.hillaryclinton.com/news/release/view/?id=5164