Clinton: 'I Want to Invest in You'

By Susan Jones | October 20, 2016 | 7:37am EDT
Democrat Hillary Clinton takes part in the third and final presidential debate at the University of Nevada-Las Vegas on Wednesday, Oct. 19, 2016. (AP Photo)

( - Democrat Hillary Clinton, asked for her thoughts on the nation's rising debt, said her policies will not add to it, despite her calls for more spending.

"I pay for everything I'm proposing," Clinton said at the third presidential debate in Las Vegas. "I do not add a penny to the national debt. I take that very seriously, because I do think it's one of the issues we've got to come to grips with.

"So when I talk about how we're going to pay for education, how we're going to invest in infrastructure, how we're going to get the cost of prescription drugs down, and a lot of the other issues that people talk to me about all the time, I've made it very clear we are going where the money is. We are going to ask the wealthy and corporations to pay their fair share.

"And there is no evidence whatsoever that that will slow down or diminish our growth. In fact, I think just the opposite. We'll have what economists call middle-out growth. We've got to get back to rebuilding the middle class, the families of America. That's where growth will come from. That's why I want to invest in you. I want to invest in your family.

"And I think that's the smartest way to grow the economy, to make the economy fairer."

Moderator Chris Wallace noted that the nonpartisan Committee for a Responsible Federal Budget has said that Clinton's economic plan would raise the national debt to 86 percent of Gross Domestic Product over the next ten years. Wallace also said the same group has said that Trump's plan would raise the debt to 105 percent of GDP over the next ten years.

"Well, I say they're wrong," Trump responded, "because I'm going to create tremendous jobs. And we're bringing GDP from, really, 1 percent, which is what it is now...up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.

"And if we do, you don't have to bother asking your question, because we have a tremendous machine. We will have created a tremendous economic machine once again.

"To do that, we're taking back jobs. We're not going to let our companies be raided by other countries where we lose all our jobs, we don't make our product anymore. It's very sad. But I'm going to create a -- the kind of a country that we were from the standpoint of industry. We used to be there. We've given it up. We've become very, very sloppy.

"We've had people that are political hacks making the biggest deals in the world, bigger than companies. You take these big companies, these trade deals are far bigger than these companies, and yet we don't use our great leaders...Those are the people -- these are the greatest negotiators in the world. We have the greatest businesspeople in the world. We have to use them to negotiate our trade deals.

"We use political hacks. We use people that get the position because they gave -- they made a campaign contribution and they're dealing with China and people that are very much smarter than they are. So we have to use our great people.

"But that being said, we will create an economic machine the likes of which we haven't seen in many decades. And people, Chris, will again go back to work and they'll make a lot of money. And we'll have companies that will grow and expand and start from new."

MRC Store