To: DMaA who wrote (35177 ) 2/23/1999 9:43:00 AM From: DMaA Read Replies (1) | Respond to of 67261
Juxtipose the previous with this. Laugh? Cry? Bang you head into the wall?Reuters February 21, 1999 Clinton Asks 'Benefit Of The Doubt' On Medicare WASHINGTON (Reuters) - President Clinton asked for the benefit of the doubt Sunday in the growing debate over whether to devote a share of budget surpluses for his Medicare reform plan or tax cuts. He said his record in overseeing an economic boom during his six years in office should give his economic proposals credibility over Republican ideas. ''All I ask you is to look at the performance of our country over the last six years, and give us the benefit of the doubt,'' Clinton told members of three major U.S. industrial labor unions. The president said his plan to spend 15 percent of budget surpluses over 15 years shoring up the Medicare old-age health system was more responsible than Republicans' plans to devote the money to tax cuts, which he said would threaten Medicare. Further reforms in Medicare would be needed to ensure its long-term solvency beyond 2020, even if his proposal were adopted, he said. But if his plan is rejected now, ''We'll be faced with possible changes in Medicare that could undermine the universality of the program and its absolute reliability,'' he said. He spoke to members of the United Auto Workers, the International Association of Machinists, and the United Steel Workers, who are meeting this week to work on a proposed merger. Many congressional Republicans have said they agreed with Clinton's plan to devote 62 percent of expected surpluses to shoring up the Social Security retirement system, but they want to use the rest of the surplus to fund deep across-the-board tax cuts. The newly elected speaker of the U.S. House of Representatives, Republican Dennis Hastert of Illinois, said Sunday he favored a ''small'' reduction in tax rates coupled with targeted breaks for investors. First find the Indians' $2.4 Billion you pin head. Then maybe we'll trust you with a little more.