Robert Rubin to endorse Hillary Clinton
by georgep, Fri Nov 09, 2007 at 06:25:45 AM EST
Former Treasury Secretary Robert Rubin "has overcome early misgivings" about Sen. Hillary Clinton's presidential candidacy "and will support her publicly in the fight for the Democratic nomination, people close to both of them said yesterday," the New York Times reports.
"Aside from the backing of Al Gore, Mr. Rubin's endorsement has been the biggest prize from the Clinton administration still up for grabs, given his stature as one of the most widely admired economic stewards in Democratic politics. Because he is a deficit hawk, his support could also be a bulwark against Republican accusations that Mrs. Clinton is a free-spending liberal."
The NY Times article:
This is a significant endorsement because Rubin is known as a deficit hawk, and his endorsement and future appearances on the campaign will signal to Democrats concerned about the budget, but also to Independents who usually are very concerned about deficits, that Hillary Clinton is serious about tackling budget deficits and making getting back to budget balance a priority in her administration. That is also echoed by her comments when it comes to tweaking Social Security to make it viable for a very long time, as bringing the budget back to balance will do just that.