Presidential races

Report: Clinton to pitch $10B manufacturing investment

Democratic presidential front-runner Hillary Clinton is set to propose Friday a $10 billion investment strategy for growing America’s manufacturing sector, a new report says.

Clinton’s pitch will encourage U.S. companies to build and expand their domestic operations in an attempt at curbing outsourcing nationwide, according to Reuters.

{mosads}Clinton will unveil her plan in Syracuse, N.Y., as part of a push into the Empire State before its Democratic primary on April 19.

New York has long served as a vital manufacturing hub, Reuters said Friday, but lost nearly 105,000 jobs in that sector between 2000 and 2008.

Clinton’s campaign said its proposal’s cost is largely offset by her proposed “clawback” tax, which would rescind tax relief for companies outsourcing their facilities and jobs abroad.

Both Clinton and rival Bernie Sanders have personal stakes in winning New York’s voting contest.

Sanders is a native New Yorker, born and raised in Brooklyn. Clinton, meanwhile, has her campaign headquarters there and is a former New York senator.

Clinton leads Sanders by 27 percent in New York, according to the latest RealClearPolitics average of polls.

Her lead is narrower nationwide, with Sanders trailing the former secretary of State by about 9 percent in the same index.

Tags Bernie Sanders Business Democrats Hillary Clinton Jobs Manufacturing New York

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