April 2, 2008
Former first lady and presidential hopeful Hillary Clinton spoke at an
economic summit in Pittsburgh Wednesday. She discussed her plan that would offer new tax benefits for research and job development.
The democratic candidate said it would create "innovation and research
clusters" across the country. In addition, it would provide five-hundred million
dollars a year in investments to encourage the creation of high-wage jobs in clean energy.
Pennsylvania's presidential primary is just three weeks away and a recent
poll shows that the New York Senator's lead over rival Barack Obama is dow
slightly from the 12 percent point edge she held in mid-March.
"I will create a new 40% basic research tax credit to support collaborative pioneering research of the kind that I saw at the green house earlier today. Third, I am proposing that we create at least 15 new high tech jobs and innovation clusters across the US," said Clinton.
"But this is just of the beginning of my plan to create millions of 21st
century jobs in America. This clean energy proposal of at least 5-million jobs,
depends upon taking away the tax breaks that Dick Cheney put into the energy bill that the Congress passed in 2005.
I believe that tax breaks should be shifted away from oil companies that sure don't need our money to make those huge profits, and instead put to work in helping create the jobs of the future particularly the green energy jobs."