Bill Clinton: “There have been a lot of those lately. [Laughter] The vote in the House was, and this will be. We have to go on to…”

“There have been a lot of those lately. [Laughter] The vote in the House was, and this will be. We have to go on to conference. If it passes today, this will be a very loud statement. It will say that both Houses of the Congress are committed to the largest deficit reduction program in history, to putting the taxes and the spending cuts in a trust fund, to spending cuts equal to and now greater than the tax increases, and to an extremely progressive program where those who can, best able to pay, are asked to pay. The Senate Finance Committee bill, according to the Congressional Budget Office, distributes 78 percent of the burden to people with incomes above $200,000 whose taxes were lowered in the 1980's while their incomes went up. So I think that this is a very, you know, it's a very important vote, and I hope we can prevail. But I never count my chickens before they're hatched. Thank you.”