From @lex-luthor.ai.mit.edu:hes@REAGAN.AI.MIT.EDU  Wed Jun  9 22:15:53 1993
Date: Wed, 9 Jun 1993 10:33-0400
From: The White House <75300.3115@compuserve.com>
To: Clinton-News-Distribution@campaign92.org,
Subject: Remarks at Photo Op with Bipartisan Memebers

                           THE WHITE HOUSE

                    Office of the Press Secretary

_____________________________________________________________________
For Immediate Release                                    June 8, 1993
	     
                       REMARKS BY THE PRESIDENT
    IN PHOTO OPPORTUNITY WITH BIPARTISAN CONGRESSIONAL LEADERSHIP
	     
                             Cabinet Room

9:35 A.M. EDT

	     Q	  Mr. President, the Republicans have said they won't 
accept a plan with any taxes.  How are you going to bridge that gap 
with Bob Dole?
	     
	     THE PRESIDENT:  I don't know what the bridge will be.  
Let me just say this, I think it's very important that we move this 
promptly as possible to pass the economic plan.  After the House 
acted, long-term interest rates dropped again.  We now have a seven-
year high in housing sales, unemployment below 7 percent -- it's the 
first time in a year-and-a-half -- 755,000 new jobs since January.  
And that's because there's a serious attempt to reduce this deficit 
through a combination of cuts and tax increases, almost all of which 
come on wealthier individuals.  So I think we just need to move 
forward.  
	     
	     There will be some changes in the Senate, and that is 
fine.  Then we just need to hold to the principles -- there ought to 
be $500 billion in deficit reduction; it ought to be in a trust fund 
so that neither the taxes nor the spending cuts can be diverted; and 
it ought to be -- the tax burden ought to be progressive, falling 
largely on the wealthiest Americans; and we ought to keep the 
incentives for private sector growth in there.  We're moving from 
work -- from welfare to work for investing in the depressed areas of 
the country for starting small businesses.
	     
	     Those are the principles that I have.  And the energy 
tax ought to encourage conservation and the use of cleaner fuels.  
Those are the things that I think ought to be done.  We'll just see 
what happens.
	     
	     Q	  Does it have to include -- does it have to be a BTU 
tax, or can you find another energy --
	     
	     THE PRESIDENT:  I have delegated to -- I don't want to 
get into the name game here.  I'm interested in the principles of the 
program:  deficit reduction, lower interest rates, job growth.  We've 
got job growth coming back into this economy now, and I think we have 
to continue to do what produces it, which is lower interest rates.  
The lower interest rates are causing people to refinance all their 
debt and putting it back into the economy.  And that's the thing I'm 
interested in.  
	     
	     We'll just see -- Secretary Bentsen and Mr. Panetta are 
representing the administration in the conversations with the Senate.  
And we'll just see what comes out of it.
	     
	     Q	  Do you think you can start over with Bob Dole --
after all the bad blood?
	     
	     THE PRESIDENT:  I like -- I like Senator Dole.  I always 
have.  Besides that, he knows more jokes than I do, and I resent it 
-- get him to share some with you.

                                 END9:38 A.M. EDT