http://www.americansforclark.com/press/release/029/Clark's 'Saving for America's Future' Plan for the economy will be given today (the second of four major policy speeches in which lark outlines his policies for public service, health care, national security, and the economy).
From the above site:
"I'm releasing a plan to save more than $2 trillion over the next decade to cut the deficit in each and every year," Clark tells supporters at the University of New Hampshire at Manchester. "And to invest in our most important priorities - from health care to education ... from citizen service to the environment. My 'Saving for America's Future' plan starts by bringing the basic value of responsibility back to Washington. We just can't have new spending proposals without saying how we're going to pay for it. It's not that complicated of an idea, but somehow people have forgotten it. When you're in a hole, stop digging."
Since January 2001, the American economy has lost 3.3 million private-sector jobs, including 2.5 million manufacturing jobs. It's been a steady slide, with the economy shedding jobs in 26 of the 32 months since President Bush took office.
Clark continues his call to reverse the failed Bush tax plan by rolling back the tax cuts for the wealthiest Americans, those who make more than $200,000 a year.
"I'm as optimistic as I've ever been about our ability," Clark says, "the ability of the hard-working men and women of this country, by the union members and entrepreneurs, by the farmers and the factory workers - to restore our nation's economy, to fire up its engines, and to create jobs and wealth and hope again."
His plan "Saving for America's future" closes tax loopholes for corporations that amount to corporate welfare. Clark also outlines proposals that will change the way business is done in Iraq, working to enlist international support and reinstate competitive bidding practices for contracts.
"I am bullish on America if we make the right decisions for our economy," Clark says."
Per ABC News it seems the plan calls for saving money in four major areas:
1) A tax plan that asks Americans making more than $200,000 to give back the windfall they received under the Bush tax cuts;
2) Cutting Washington spending including defense, where Clark will support money to keep America strong but he will not tolerate billions of dollars of waste or inefficiency just because it has a military label on it.
3) Getting rid of corporate tax loopholes;
4) Changing the distribution of costs to rebuild and do business in Iraq so the U.S. is not the lone funder.
I suspect we will have to wait a few hours for the real details!
:-)