Bill Clinton: “Well, the retroactivity, my answer to that is twofold. Number one, on the merits, it applies to the same couples with…”

“Well, the retroactivity, my answer to that is twofold. Number one, on the merits, it applies to the same couples with incomes above $200,000, individuals with incomes above $150,000 to $160,000; that they will be given 3 years without penalty, a subsequent 3 years to pay the taxes; that all the tax cuts are retroactive and some of the tax incentives go back to the middle of 1992, not just to the first of '93. So those would be my answers to the attacks he made on the program.”