Hillary Clinton infrastructure plan begins monthlong focus on jobs

Democratic presidential candidate Hillary Clinton is beginning a monthlong effort to highlight her agenda for creating more U.S. jobs by announcing a $275 billion plan to invest in infrastructure development.

The Democratic front-runner’s focus on jobs will account for the biggest portion of her policy platform in terms of federal dollars. Clinton outlined her plan at a “Hard Hats for Hillary” event in Boston Sunday made up of union supporters in the construction, building and transportation industries.

"Investing infrastructure makes our economy more productive and competitive," she said at the rally. "To build a strong economy for our future, we must start by building strong infrastructure today."

Clinton proposed a five-year plan that would be financed by business tax reform that, among other things, ends preferences for companies that stash their profits in overseas banks to avoid U.S. taxes. Clinton will provide more information about the plan on Monday.

Clinton is also looking to raise money for the plan by targeting so-called “inversions,” a corporate tax loophole that allows large companies to avoid taxes by moving their headquarters overseas.

The campaign plans to make additional announcements before the end of the year on boosting federal investments in research and manufacturing. Her plan is designed to bring into focus the different approaches to creating jobs of both political parties. Many Republican presidential candidates want to curb federal regulations and tax reform while they champion additional cutbacks to the federal budget.

Meanwhile, Clinton is proposing to boost federal dollars. In addition to the $250 billion in additional federal spending, she would allocate $25 billion to an infrastructure bank.

This bank would support an additional $225 billion in direct loans, loan guarantees, and other forms of credit, according to the campaign.