Bill Clinton: “Congress should do two things. First of all, they should fund the second round of these empowerment zones, because in…”

“Congress should do two things. First of all, they should fund the second round of these empowerment zones, because in the empowerment zones, we give special tax incentives for people to put business there and to hire people from there, and we give the communities extra money to educate and train people--first thing. And the Vice President's done a great job of managing that program. In addition to that, we have some more money for these community development banks. They give capital to first-time business people who couldn't get it other places. That's the first thing. The second thing that Congress should do is to pass the new markets legislation which, as I said, basically gives American businesses the same incentives to invest in poor areas, urban and rural, in America that we today give them to invest overseas. Mr. Jackson. What do we give them overseas?”