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Chelsea answers audience questions

Chelsea Clinton dived into specific programs her mother has proposed.

After a brief introduction at the Young Democrats convention today, the former first daughter began answering audience questions on a variety of topics.

She earned loud applause from the audience when she said that Hillary Clinton has proposed eliminating the Free Application for Federal Student Aid form, which college applicants must fill out in order to receive college aid, in favor of a checkbox on your tax form.

Among other things, she said that Clinton would forgive student loans for people who work in public service jobs, create universal health insurance, end the war in Iraq, expand the AmeriCorps program, reinstate the estate tax for people with assets of more than $7 million, make school lunch programs available year-round, reform food stamps and tie the Earned Income Tax Credit to inflation.

In response to a question about seating the Florida and Michigan delegates, Clinton said that the former has an "unfortunate" history of not counting votes.

"I wish that I were standing here after seven years of President Gore," she said.


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Re: Chelsea answers audience questions

No, you're right. She wanted to reinstate the estate tax for households with assets of more than $7 million. The reason for the cutoff was to make sure it didn't penalize family farmers.

- RTB 

Re: Chelsea answers audience questions

Clinton really wants to REPEAL the estate tax for people with more than $7 million? That would mean that the estate tax would only apply to those with estates between $2 million (current exemption level) and $7 million. There's no way that's an actual policy proposal that she's bragging about.

Did Chelsea misspeak, or did you write it down wrong?

As an aside, it makes more sense to tie the EITC to average wages rather than inflation. If we follow Clinton's lead, the EITC will still become more regressive over time, as wages generally rise at a faster rate than inflation. Of course, tying to inflation is still better than the status quo.

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