Democratic presidential nominee Hillary Clinton said Thursday that if elected, she will work to cut red tape to provide credit to businesses, especially through community banks and credit unions.

In a speech at Futuramic Tool and Engineering, Clinton attempted to draw a contrast with the economic plan outlined last week by Republican presidential nominee Donald Trump.

"As president, I will also make a major push to empower small businesses and entrepreneurs with new national incentives to cut red tape at every level and expand credit especially through community banks and credit unions," she said.

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