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THE WHITE HOUSE

Office of the Press Secretary


For Immediate Release November 12, 1995

STATEMENT BY THE PRESS SECRETARY

The President believes that we must work together to balance the budget consistent with our values and free from threats of shutting down the government or sending the nation into default for the first time in our history.

That is why he has called on Congress to pass a fair and clean continuing resolution and debt extension free of extreme conditions.

The President is not willing to impose an $11 a month premium increase on every single Medicare beneficiary as a condition for keeping the government running.

The President would like to meet with the Bipartisan Congressional leadership tomorrow in the Oval Office to work out how best to keep the government running and out of default, if the Republicans agree to drop their $11 a month Medicare premium increase.