Bill Clinton: “I think if you can make those points, that this could be, in effect, an indirect middle class tax increase if they…”

“I think if you can make those points, that this could be, in effect, an indirect middle class tax increase if they overdo it, then it would register, I think, on people, because it certainly would be. I mean, basically it would be an indirect tax increase on young people who are fortunate enough to still have their parents and grandparents living. And I'm saying, of course, it's just like everything else, some could afford to pay it, some couldn't, which is why I like the universal nature of Social Security and Medicare, because it basically empowers and gives dignity to the lives of people. It also strengthens families' ability to take care of their children. So you don't have people choosing between their children and their parents. That was a very important point. [A participant thanked the President for his support of Medicare and asked the Holy Spirit to guide him in his efforts.]”