October 5th, 2007
08:18 PM ET
11 years ago

Giuliani attacks Clinton over $5,000 baby bond

Giuliani had some harsh words for Hillary Clinton Friday.

WASHINGTON (CNN) - Former New York City Mayor Rudy Giuliani attacked New York Sen. Hillary Clinton Friday for entertaining the idea of giving every newborn child a $5,000 bond.

Speaking at the American's for Prosperity Foundation Summit, the Republican White House hopeful criticized Clinton’s proposal for its high cost and said such a suggestion shows the Democratic presidential candidate’s lack of executive experience.

"Do you know the first question I asked? ‘How many children are born in the United States?’ Because, I was going to multiply that by the $5,000,” Giuliani said. “Because I ran a city. I've run a business. I know how to make a payroll and I know how to reduce expenses. ‘Do you know how much money it is per year?’ Twenty billion."

“Hillary, that's real money," he added. "You and Bill can't afford that. It's got to come out of somebody's pockets. You know who it comes out of?”

Giuliani went on to criticize Clinton, as well as fellow Democratic White House hopefuls Barack Obama and John Edwards charging that they are seeking "on-the- job executive training."

"In the case of the three leading Democrats, [they] have never run a city, they've never run a state, I don't think they've ever run a business," Giuliani said. "This is why they make proposals like this."

At a forum hosted by the Congressional Black Caucus last week, Clinton said, "I like the idea of giving every baby born in America a $5,000 account that will grow over time, so that when that young person turns 18, if they have finished high school, they will be able to access it to go to college or maybe they will be able to make that down-payment on their first home."

Speaking to supporters in Chicago Thursday night, Clinton said that the proposal was only an "idea" not a policy of her presidential campaign.

"I was just trying to start a conversation, which I think is an important conversion, about how we make sure children from middle class, working families, poor families, have access to all the opportunities in life that many of us try to provide for our own children," she said. "So I am looking for a conversation and that was just an idea I threw out to see what kind of reaction I'd get."

- CNN Ticker Producer Alexander Mooney

Filed under: Hillary Clinton • Rudy Giuliani
soundoff (94 Responses)
  1. Noah, Chicago, IL

    So many candidates, so few whom I could trust. Obama is the only one who seems to me to speak the truth. (This is mostly in response to the last paragraph by Hill.)

    October 5, 2007 06:02 pm at 6:02 pm |
  2. Paul, Philadelphia

    Good to see Rudy touting his experience as an executive, which is relevant, as opposed to other irrelevant experience.

    I half expected him to say, "Well, Hillary wants to give kids $5,000 on the day they are born. Well, when those planes struck the twins towers, we weren't giving newborns $5,000, but us New Yorkers made it through."

    This is a real comment and a real reaction, not the baloney political speak Guiliani has been pushing, and frankly it is refreshing to hear such talk from a republican.

    October 5, 2007 06:04 pm at 6:04 pm |
  3. Bob, Seattle, WA

    Quenn Hillary should choose to go to England where the citizenry continue to support the Royals in high style even though the realistically have nothing to do with running the country. Clinton's 'birth lottery' gimmick is more 'dog and pony' show for the liberal left takers from society. Promises of lolipops have always lured the kids. Problem is, the big bad wolf is lurking in the shadow. America has got to be WEANED of the bottle. Work for themselves. Earn for themselves. Save for themselves. Plan and think for themselves. BIG BROTHER can't afford to do everything for the liberal takers without eventually crumbling to the earth. There has got to be performers. Performers (doers) need to be rewarded. Not PENALIZED. Performers are the only thing standing in the way of total collapse of this country, yet we continually try everything in our might to bring down, or de-motivate them with higher and higher taxes. Forcing the performer to take care of the 'taker'. It is so very easy to promise the 'taker' a lollipop even when in the end the lollipop turns to poison. Buyer beware. We can't even take care of the Social Security nighmare for those 'performers' that have shown the way over the last decades that have proven their mettle. Now we want to continue to throw money at the 'reservation liberals' who only know how to 'milk' the government and don't know how to get off their rear ends and act like true American pioneers and do things the old fashioned way – EARN IT.

    October 5, 2007 06:07 pm at 6:07 pm |
  4. Henry Tucker, Ga

    Rudy shouldn't be attacking Hillary. Everyone knows Hillary is suffering from toxic taxichology – the incurable disease of raising taxes to pay for socialistic programs.

    She can't help herself, Rudy!

    October 5, 2007 06:13 pm at 6:13 pm |
  5. VanReuter NY NY

    I think it's funny that he's campaigning against someone he will never get to run against...

    October 5, 2007 06:19 pm at 6:19 pm |
  6. laurinda,ny

    Hey CNN I'm back, never underestimate the power of a woman! GO DEMS – HILLARY 08

    October 5, 2007 06:42 pm at 6:42 pm |
  7. Eric, East Longmeadw MA

    That's not a lot of money. That's like 20 stealth bombers. A drop in the bucket.

    The plan would distribute an enormous amount of wealth over several generations, and give some kids a chance to make it that might not otherwise.

    October 5, 2007 06:52 pm at 6:52 pm |
  8. joseph, austin, tx

    I agree with Bob, all libs want to do is take your money. the more money they take, the more they want. Soon enough they will be taking all your money that YOU worked for. This will have a positive impact on society, hey kids dont bother trying to earn a good living for yourself the govt will do that for you. When, in this country did we start punishing success. The rich elite shouldnt be forced to give their money to the govt, noone should be forced to. Keep punishing success and see were it takes you, you will get nowhere fast.

    October 5, 2007 06:53 pm at 6:53 pm |
  9. Christine Compton

    It should be a $250,000.00 posted by parents to show they can support their offspring, not abondon them to foster care or let them roam at will. Children are expensive. Get a pet if you can't afford to properly support, educate or care for a child!

    My comments may not have been appreciated. I can't scroll down your page to post them!

    October 5, 2007 06:55 pm at 6:55 pm |
  10. Raymond Johnson

    Arn't we all tired of Giuliani yet???
    boy ge's making sure no republicans get elected.


    October 5, 2007 07:01 pm at 7:01 pm |
  11. MR, Boston, MA

    He'd rather give kids 5000 bullets or 5000 spouses, although that would still be fewer spouses than he's had.

    October 5, 2007 07:02 pm at 7:02 pm |
  12. AAAAA, texas

    If we did not go to war on false pretext we would have a 1 trillion of the tax dollars spent more wisely than foolishly as is being now

    October 5, 2007 07:05 pm at 7:05 pm |
  13. Ed,Ellenville,New York

    Refreshing is right! I can hardly wait to hear the debates in the general election! I'm a supporter of Hill's and Rudy is the guy I'd like to see her debating. I'm confident she can hold her own when ACTUAL issues are the topic. We deserve open debate on real issues,not bogus rhetoric about whose imaginary friend is better. I hope Rudy gets his chance. If he loses the general election,at least he'll be on the short list for a cabinet position for raising the level of debate. It's the worthy reward for ridding our politics of the right-wing!

    October 5, 2007 07:10 pm at 7:10 pm |
  14. Peyton, Sharon MA

    $20 billion is hardly an eye-popping price tag if you consider where it's going, not to mention it's nothing next to the $1 trillion for a war that has undermined true national security interests. It's money invested in our citizenry versus money wasted on Rudy's "vigorous offense." Every one of his policies are backwards, the man doesn't stand a chance.

    October 5, 2007 07:10 pm at 7:10 pm |
  15. laurinda,ny

    Well I didn't hear Rudy speaking up about George giving all the American's hard earned tax dollars to fight his war in Iraq. Which is waaaay more than the money Hillary is suggesting.

    October 5, 2007 07:12 pm at 7:12 pm |

    Rudy Rocks!!!

    October 5, 2007 07:12 pm at 7:12 pm |
  17. Andrew, Austin TX

    When did running a city, even one as large as NYC, compare to running a country?

    Oh, that's right, he was there during 9-11 and is one of the 5 most well known Americans in the world, so who cares?

    October 5, 2007 07:16 pm at 7:16 pm |
  18. Brian, Orlando, Florida

    Of course Rudy is against money going to America's children. Republicans are more interested in spending our children's money on Iraq er the contractors in Iraq (i.e. Halliburton and Blackwater)

    October 5, 2007 07:20 pm at 7:20 pm |
  19. Sally, Las Vegas, Nevada

    Just how does Hillary propose to run this baby gift extravaganza? I suspect she will want to create an enormous bureaucracy, who are appointed and answer to no one, to administer it. By the way, would Chelsea Clinton's baby (if there is one) get the $$? If so, what about a Rockefeller baby or a Kennedy baby? My point is, what about people who don't need the money? Who makes that decision? How will it be tracked? What if some unscrupulous parents have baby after baby just to get some $$? This is one totally ridiculous idea that shows her lack of thought, experience and vote pandering. Don't delete this CNN – we know you love Hillary!

    October 5, 2007 07:20 pm at 7:20 pm |
  20. Katye Hagerstown Md

    Go Rudy!! Finally somebody who is speaking the truth!!

    October 5, 2007 07:21 pm at 7:21 pm |
  21. MR, Boston, MA

    Well Guiliani thinks every child should get 5000 spouses, although that would still be fewer than he's had. Maybe he's against supporting kids because his own kids don't support him, or even speak to him!

    October 5, 2007 07:22 pm at 7:22 pm |
  22. Brian, Denver, CO

    I was with him until he gave the price tag. 20 billion? The federal gov't has a budget in the trillions. 20 billion is about what 3 months in Iraq costs. Guiliani did nothing but succeed in convincing me that Hilary's idea is financially feasible

    October 5, 2007 07:26 pm at 7:26 pm |
  23. speakingoutworld

    Well I'm happy to see that Giuliani is not supporting that $5,000 idea. I for one get government help, and be the first one to admit that we give away to much. However, we don't need to kill all our programs but enforce responsabilty. I believe we are counting on the government to do everything and we shouldn't.
    Steven Stone
    A.K.A. The Spokesman

    October 5, 2007 07:28 pm at 7:28 pm |
  24. Edward Loizeaux, Los Altos, California

    Hillary's lamebrain idea of promising every newborn $5,000 of taxpayer money in order to motivate him/her to attend college has a good objective. The same objective could be met by telling every 8th grader that if you go to college your liftime earnings, on the average, will be one million dollars more than for mere high school graduates. If that small piece of free factual information does not motivate them to study hard in high school and continue on to college, then a miniscule $5,000 gift will not either. Knowing that and remaining unmotivated, they do not deserve another government handout. Hillary should think these things through better and stop making promises that make no sense except to entice poor folks to vote for her.

    October 5, 2007 07:34 pm at 7:34 pm |
  25. A Better America, Fairfield, CT

    It is nice to see someone thinking about the middle class folks who are trying to make ends meet as good citzens while PAYING FOR THE WAR! Let's pour our tax dollars into "winning" the war in Iraq and forget the good citizens who are trying to keep their jobs and give their children a reasonable education while saving for retirement. Hilary's suggestion is a start to a discourse on how we can invest in our own future. It may be a good idea for all of us to take suggestions and see how we can improve on it rather than strike it down based on political affiliations.

    October 5, 2007 07:38 pm at 7:38 pm |
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