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

[William769]

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

[bluestateguy]

1. These "stimulus" plans being drafted by the candidates

were probably thrown together in haste by a few 28 year old staffers in a long night over pizza and beer.

[HeraldSquare212]

2. I didn't recall an absolute moratorium on subprime foreclosures being part of her plan

I thought it was more along the lines of 'urge' a moratorium.

[madrchsod]

3. we are supposed to wait another year and a half

before some candidate thinks they can get a "package" through the house and senate. well boys and girls why don`t you force something through the house and senate in the next few months?

we don`t have anything to eat now.... do they think we can wait?

a hungry person does`t care where the bread comes from