Bill Clinton: “Well, the most important thing is, will it hurt the American people? And I favor targeted tax cuts for education that…”

“Well, the most important thing is, will it hurt the American people? And I favor targeted tax cuts for education that are paid for. I am unalterably opposed to going back to the mistake we made before in having big tax cuts that are not paid for. It will balloon the deficit, raise interest rates, and weaken the economy. That's the only thing that matters: What impact will it have on the American people? Thank you very much. Thank you. Note: The President spoke at 9:42 a.m. in the Oval Office at the White House. H.R. 3107, approved August 5, was assigned Public Law No. 104- 172.”