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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release March 8, 1993

                      REMARKS BY THE PRESIDENT
                   WITH CONGRESSIONAL BLACK CAUCUS
             
                         The Roosevelt Room

5:11 P.M. EST

Q Mr. President, do you agree with the extra $50 billion in cuts that the House and Senate leaders want?

THE PRESIDENT: We will have a -- I agree that we will have a budget resolution which will be roughly conforming to the reestimates of the CBO in general terms. And that will still contain the investment strategy that I wanted to do.

END5:13 P.M. EST