Bill Clinton: “I want to emphasize that the stabilization initiative is not a gift…”

On the recordJanuary 29, 1995

I want to emphasize that the stabilization initiative is not a gift, not a loan, not a bailout; it is a loan guarantee.

Said by

Democratic · Arkansas

Source

Remarks to the National Governors' Association

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Bill Clinton: “I want to emphasize that the stabilization initiative is not a gift, not a loan, not a bailout; it is a loan guarantee.”