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Hillary Clinton Has a New One-Liner for Donald Trump’s Economic Plan

Hillary Clinton And Donald Trump Face Off In First Presidential Debate At Hofstra UniversityHillary Clinton And Donald Trump Face Off In First Presidential Debate At Hofstra University
HEMPSTEAD, NY - SEPTEMBER 26: Democratic presidential nominee Hillary Clinton speaks during the Presidential Debate at Hofstra University on September 26, 2016 in Hempstead, New York. The first of four debates for the 2016 Election, three Presidential and one Vice Presidential, is moderated by NBC's Lester Holt. (Photo by Drew Angerer/Getty Images)Drew Angerer Getty Images

Hillary Clinton referred to Donald Trump‘s tax plan as “trumped-up trickle down” during Monday night’s first presidential debate, held at Hofstra University.

The line came in response to the Republican nominee’s claim during an exchange on jobs and economic policy that he would implement massive tax cuts. Clinton’s prepackaged rebuttal argued that Trump’s plan really is to cut taxes for the wealthiest Americans—including via corporate tax cuts—with hopes that those savings will be passed on to other Americans.

“Trickle-down economics” is an old term in American economics, but usually it’s used to refer to the supply-side economic policy first popularized in the 1980s by Ronald Reagan.