THE WHITE HOUSE
Office of the Press Secretary
LETTERS FROM THE PRESIDENT TO SENATE MAJORITY LEADER ROBERT DOLE AND
HOUSE SPEAKER NEWT GINGRICH
The following letters from the President on balancing the federal budget were sent earlier today to Senate Majority Leader Robert Dole and House Speaker Newt Gingrich:
The White House
Washington
June 28, 1995
Dear Mr. Speaker:
We share the goal of balancing the federal budget, and I look forward to working with you on this important matter.
But as we work together to reach our shared goal, we must be sure that we do so the right way -- the way that will raise the e standards of living for average Americans.
My plan to balance the budget over 10 years will help raise average living standards by cutting unnecessary spending while investing in education and training, targeting tax relief to middle-income Americans, and taking incremental but serious steps towards health care reform. By contrast, the conference agreement cuts too deeply into Medicare and Medicaid and cuts education and training both to pay for a tax cut that is too large for too many who don't need it, and to meet the 7 year time frame.
Though I am determined to work with you to balance the budget, I cannot accept legislation that will threaten the living standards of American families.
I hope we can work together and avoid a situation in which I would have no choice but to use my veto authority broadly. The American people want us to work together to balance the budget and to do it the right way. I am ready to do that.
Sincerely,
/s/ Bill Clinton
The Honorable Newt Gingrich
Speaker of the House of Representatives
Washington, D.C. 20515
The White House
Washington
June 28, 1995
Dear Mr. Leader:
We share the goal of balancing the federal budget, and I look forward to working with you on this important matter.
But as we work together to reach our shared goal, we must ensure that we do so the right way -- the way that will raise the standards of living for average Americans.
My plan to balance the budget over 10 years will help raise average living standards by cutting unnecessary spending while investing in education and training, targeting tax relief to middle-income Americans, and taking incremental but serious steps toward health care reform. By contrast, the conference agreement cuts too deeply into Medicare and Medicaid and cuts education and training both to pay for a tax cut that is too large for too many who don't need it, and to meet the 7 year time frame.
Though I am determined to work with you to balance the budget, I cannot accept legislation that will threaten the living standards of American families.
I hope we can work together and avoid a situation in which I would have no choice but to use my veto authority broadly. The American people want us to work together to balance the budget and to do it the right way. I am ready to do that.
Sincerely,
/s/ Bill Clinton
The Honorable Bob Dole
Majority Leader
United States Senate
Washington, D.C. 20510