District of Columbia Oversight Bill Signing

President Clinton signed into law the District of Columbia Financial Responsibility and Management Assistance Act. The District is near… read more

President Clinton signed into law the District of Columbia Financial Responsibility and Management Assistance Act. The District is near bankruptcy, and the president explained that the Act will speed the District’s recovery and return to fiscal health and help over the long run to improve the delivery of services to its citizens. He said the legislation calls for the creation of the Financial Responsibility and Management Assistance Authority, a five-member board which will monitor and certify District budgets and borrowing to get the city back on solid financial footing. The president indicated that he expects to appoint the five members of this Authority very soon. close

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District of Columbia Oversight Bill Signing

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Program ID:
64610-1
Category:
White House Event
Format:
Statement
Location:
Washington, District of Columbia, United States
First Aired:
Apr 17, 1995 | 4:34pm EDT | C-SPAN 1
Last Aired:
Apr 18, 1995 | 7:51am EDT | C-SPAN 2

Airing Details

  • Apr 17, 1995 | 4:34pm EDT | C-SPAN 1
  • Apr 18, 1995 | 1:32am EDT | C-SPAN 1
  • Apr 18, 1995 | 7:51am EDT | C-SPAN 2
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District of Columbia Oversight Bill Signing

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