Bill Clinton: “Before Senator Dole left the Senate, he and Mr. Gingrich also were recommending that we pass these tax cuts only insofar…”

“Before Senator Dole left the Senate, he and Mr. Gingrich also were recommending that we pass these tax cuts only insofar as we could pay for them. And we all assume that the tax cuts will be permanent, but we have to prove we can pay for them. After he left the Senate, we abandoned that. That's why most experts say that this tax scheme will blow a huge hole in the deficit, raise interest rates, and weaken the economy. And that will take away all the benefits of the tax cut with a weaker economy. That's why we have to balance the budget. And I'll tell you how I'm going to pay for anything I promise you, line by line. You should expect that from both of us. Mr. Lehrer. All right. The next question is for Senator Dole. Yes, ma'am, right there. Responding to American Youth”