Bill Clinton: “We're going to do--we will try to do three things. One, we will try to highlight initiatives that are working now…”

“We're going to do--we will try to do three things. One, we will try to highlight initiatives that are working now, things that we--like, we'll have places that have benefited from the community development financial institutions, for example. Two, we will try to highlight how the impact of the new markets initiative, if the Congress were to pass it, would take these benefits and immeasurably increase them and do it on a national basis, wherever there's need. And the third thing we will do is to have a whole series of announcements by business leaders about things they are going to do on their own, because they would be profitable, and by the way, they'll create businesses; they'll create jobs; they'll create opportunities in these areas. So we will have a heavy emphasis on that third area, because I don't think that, as I said, for a minute that this is primarily a Government initiative. This is a partnership initiative. But there are lots of opportunities right now, here, that people are genuinely unaware of. And I think most Americans understand how much prosperity we have and that no one could have imagined that the stock market would more than triple and that we would have now almost 19 million new jobs in the last 6\1/2\ years and that all these things would happen and yet there would still be these pockets left behind. So I think there's a longing to see all of our fellow citizens caught up in this prosperity, everyone who's willing to work. And I think that, you know, when people actually know the facts, that there's a lot of money to be made out there--just on the retail--if you think about the retail issue alone, the fact that there's a purchasing power gap of 25 percent in these urban inner cities, that's a stunning statistic; and it's a bigger market than virtually all of our foreign markets; and that's just on retail; never mind the factories you could put in; never mind the other kinds of nonretail, small business services you could have. It's amazing. Status of New Markets Legislation Mr. Dunham. What is the status of the legislation? Republicans on the Hill say that they're still waiting for precise wording. It's pretty well known in general what will be in it. I was wondering if you have both timetable and game plan for going ahead and trying to get something done.”