Bill Clinton: “Just what I've said all along. First of all, let me say again, I hope very much that we can--ultimately, we'll wind up…”

“Just what I've said all along. First of all, let me say again, I hope very much that we can--ultimately, we'll wind up agreeing on a rescission package to start cutting spending more right now. I want to cut spending by more than the House and Senate agreed in their committee to cut it, but I think it's cut in the wrong way. We shouldn't put pork back in the budget and cut education. I have said what I think about this. I think we have to continue to work for a balanced budget. I think we can achieve a balanced budget. I do not believe that the right way to do it is by making severe cuts in Medicare and Medicaid, the health care of our seniors and disabled population, and using that money to pay for tax cuts for upper income people. I do not believe that it's right to make it more expensive to go on to college. I don't think we ought to raise taxes on our lowest income working families with children. Those are the three things that I think are wrong. I think there is a lot to commend the efforts that have been made by the Republicans in Congress. I think that, you know, they have shown that it is arithmetically possible to reach a balanced budget. And I believe that if we continue to work on a lot of the things that we're doing constructively in health care and other areas, we can achieve this. But I don't believe that we can do it with those three big, big problems out there. And I hope that we can work those out in the weeks and months ahead.”