Presidential Budget Proposal
1995-06-13T22:26:57-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYzUwXC8xOTk1MDYxMzIyMjc0NTAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==In a brief address to the nation, President Clinton presented his plan for a balanced federal budget, which he said will cut spending by $1.1 trillion and will not raise taxes. The president’s proposal would cut spending in discretionary areas other than defense by an average of 20 percent, except in education; limit tax cuts to middle-income people, not upper-income people, and target the tax cuts to help Americans pay for college; not cut Medicare services to the elderly, but maintain them by lowering costs, and balance the budget in 10 years.
In a brief address to the nation, President Clinton presented his plan for a balanced federal budget, which he said will cut spending by $1.1… read more
In a brief address to the nation, President Clinton presented his plan for a balanced federal budget, which he said will cut spending by $1.1 trillion and will not raise taxes. The president’s proposal would cut spending in discretionary areas other than defense by an average of 20 percent, except in education; limit tax cuts to middle-income people, not upper-income people, and target the tax cuts to help Americans pay for college; not cut Medicare services to the elderly, but maintain them by lowering costs, and balance the budget in 10 years. close
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