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small picture of President Clinton President Clinton's Remarks on Social Security- 2000
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PRESS CONFERENCE BY THE PRESIDENT--February 16, 2000  
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STATEMENT BY THE PRESIDENT -- March 15, 2000
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STATEMENT BY THE PRESIDENT -- March 22, 2000
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STATEMENT BY THE PRESIDENT--September 7, 2000
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STATEMENT BY THE PRESIDENT--November 19, 2000

PRESIDENT CLINTON'S 1993-1998 STATEMENTS

PRESIDENT CLINTON'S 1999 STATEMENTS


1. RADIO ADDRESS BY THE PRESIDENT TO THE NATION--Saturday, January 22, 2000

Pasadena, California

(Audio recording of the broadcast--in RealAudio format)
(Audio recording of the broadcast--in Windows Media format)

THE PRESIDENT: Good morning. In just a few days, I will report to the American people and the Congress on the State of the Union, and I'll propose new ways to meet the many challenges of this exciting new century. One of the most important challenges we have is strengthening and modernizing Medicare. Today I want to give you a progress report on our efforts to do just that, through our ongoing fight against fraud, waste and abuse in the Medicare system.

For more than 30 years now, Medicare has helped us fulfill one of our most fundamental obligations, to protect the health of older Americans. But when I became President, Medicare was projected to go bankrupt by 1999. Since I took office we have made tough choices to strengthen Medicare. We've extended the life of the trust fund until at least 2015, with better management not only of Medicare, but of the economy, and by waging a sustained campaign against Medicare fraud.

Medicare fraud and waste are more than an abuse of the system, they're an abuse of the taxpayer. By over-billing, charging for phony procedures and selling substandard supplies, Medicare cheats cost taxpayers hundreds of millions a year. That's why we've assigned more federal prosecutors and FBI agents than ever to fight this kind of fraud, and why we've invested in new tools to investigate and prosecute these crimes. All told, our efforts have prevented the wasteful spending of an estimated $50 billion. And aggressive enforcement has recovered nearly $1.6 billion for the Medicare trust fund.

Today I'm releasing two reports that show just how effective this fight against fraud has been. Americans can be proud. The first report shows that in 1999, we recovered nearly half a billion dollars in fines and settlements, and returned three-quarters of that to the Medicare trust fund. The second report, on Medicare integrity, shows our success in catching fraudulent claims and preventing $5.3 billion worth of inappropriate payments in the last year alone. So when it comes to prosecuting fraud and abuse, we're doing more than filing cases; we're also winning convictions.

In the last year, convictions in health care fraud cases shot up by a fifth, for an increase of more than 410 percent since I became President. Just this week, the Department of Justice won another important victory for Medicare beneficiaries. A health care company had been bilking Medicare by sending patients for needless tests and procedures. The more tests providers ordered, the more kickbacks they got in return -- lavish dinners, yacht trips. Federal prosecutors took the company to court and won the largest such settlement in history, recovering nearly a half a billion dollars.

The more cases we win, the more criminals we convict, the clearer the message becomes: Medicare fraud is a serious crime with serious consequences.

Though our efforts are stronger than ever, Medicare contractors still pay false claims totaling in the billions. That is simply unacceptable. So today, I'm announcing a new initiative to crack down on fraud and abuse in Medicare. My balanced budget for 2001 will create a team of Medicare fraud fighters -- one in the office of every Medicare contractor in America -- and take other new steps to ensure that our response to fraud is coordinated and quick. The budget also funds new technologies to track false claims.

I urge Congress to make these investments, and to give Medicare the authority to bid competitively for contractors who administer the program, as well as for services provided directly to beneficiaries.

Medicare is vital to the health of our nation. It's too important ever to be compromised. If we take these steps to reform and strengthen Medicare, and if we modernize it with a voluntary prescription drug benefit, then we will adapt a program that has worked in the past to the needs of the future.

Thanks for listening.


2. PRESS CONFERENCE BY THE PRESIDENT--February 16, 2000

The East Room 2:25 P.M. EST

Good afternoon. I would like to cover a couple of topics in an opening statement, and then I will take your questions.

First, let me say that we all know that we're in the midst of the longest and strongest economic expansion in our history, with nearly 21 million new jobs, unemployment at 4 percent, and solid income growth across all income groups.

Americans in public service and in the private sector must remember that our success in promoting peace and prosperity is not the result of complacency, but of our common commitment to dynamic action rooted in enduring values. If we want to continue to enjoy success, we must continue our commitment to dynamic action.

There is important work to be done in America this year, and in Washington, D.C. this year. First, we must stay on the path of fiscal discipline that got us to this point. If we stay on that path, we can make America, in just 13 years, debt free for the first time since 1835. Then we can use the benefits of debt reduction to preserve two of the most important guarantees we have made to the American people -- Social Security and Medicare -- something that will be a challenge as we see the number of people over 65 double in the next 30 years with the retirement of the baby boom generation.

Specifically, we can make a bipartisan down payment on Social Security reform by crediting the interest savings from debt reduction to the Social Security trust fund, to keep it strong and sound for 50 years, beyond the life span of all but the most fortunate of the baby boom generation. As a first step toward a comprehensive solution, I believe we should do something I called for in my 1999 State of the Union address, to end the earnings limit for Social Security retirees between the ages of 65 and 69.

To strengthen and modernize Medicare, I propose to implement important reforms and to dedicate more than half the non-Social Security surplus to Medicare, over $400 billion, to keep it solvent for another decade, past 2025, and to add a voluntary prescription drug benefit. I'm pleased Congress is beginning to take up this issue, and I ask them to move quickly, and to resist the temptation to spend large portions of the surplus before we have lived up to our commitment to prepare for the undeniable health and financing challenges that Medicare will bring. . . .








3. TEXT OF A LETTER FROM THE PRESIDENT TO THE SPEAKER AND DEMOCRATIC LEADER OF THE HOUSE OF REPRESENTATIVES AND THE MAJORITY AND DEMOCRATIC LEADERS OF THE SENATE -- February 29, 2000

Dear Mr. Speaker: (Dear Mr. Leader:)

I am pleased that Congress is moving forward with a bill that eliminates the retirement earnings test above the normal retirement age. As I said in my 1999 State of the Union Address, "we should eliminate the limits on what seniors on Social Security can earn." The retirement earnings test was created during the Great Depression to encourage older workers to retire in order to open up more jobs for younger workers. As the baby boomers begin to retire, it is more important than ever that older Americans who are willing and able to work, should not have their Social Security benefits deferred when they do.

We should reward every American who wants to and can stay active and productive. I encourage Congress to send me a clean, straightforward bill to eliminate the retirement earnings test above the normal retirement age.

Eliminating the retirement earnings test above the normal retirement age is a first step toward Social Security reform. I remain committed to making bipartisan progress on Social Security this year. I ask Congress to pass legislation that would extend the solvency of Social Security to about 2050 while taking significant actions to reduce poverty among elderly women. Last year I transmitted legislation to Congress that would have used the interest savings earned by paying down the debt to make Social Security stronger. If we agree to this simple step, we can extend the life of Social Security to the middle of the next century while also modernizing Social Security to reduce poverty among elderly women.

Moving forward on these two, simple steps would be a substantial down payment on Social Security reform. It would demonstrate that we can work together, building the bipartisan trust necessary to finish the job of meeting the long-term Social Security challenge.

Sincerely, WILLIAM J. CLINTON




4. REMARKS BY THE PRESIDENT ON MEDICARE UPON DEPARTURE -- February 29, 2000

The South Lawn 9:46 A.M. EST

Good morning. I would like to say just a couple of words about two subjects vital to the health of the American people: Medicare and tobacco.

Throughout the life of this Administration Vice President Gore and I have done everything we could to protect our children from the dangers of tobacco. Five years ago, we put forward a landmark rule affirming the FDA's authority to regulate tobacco products.

Since that time, the tobacco industry has fought our efforts at every turn. I am heartened today by news reports that the nation's leading cigarette maker is now willing to accept government regulation of tobacco.

If Philip Morris is ready to support the FDA provisions of the tobacco bill the industry and the Congressional leadership killed just two years ago, that is an important step forward.

Every day, 3000 young people smoke for the first time, and 1000 of them will die earlier as a result. We have a duty to do everything we can to save and lengthen their lives by protecting our young people from the dangers of tobacco.

I also want to comment briefly about an important new report I am releasing today on the future of Medicare. I am pleased to be joined here today by some of the nation's foremost leaders on behalf of our senior citizens, along with a number of seniors who know from personal experiences what Medicare means to their lives.

In the 34 years since it was created, Medicare has eased the suffering and extended the lives of tens of millions of Americans. It has given young families peace of mind knowing they will not have to mortgage their children's futures to pay for their parents' health care.

If we want our children to have the same peace of mind when our generation retires, we must act now to strengthen Medicare. When I became president, the Medicare Trust Fund was scheduled to go broke last year, 1999. Because of the tough actions we have taken, the life of the Trust Fund has been extended by 16 years.

Still, we must do more. The Trust Fund is projected to go broke now by 2015, and the new report I am issuing shows why. Not only will the senior population nearly double over the next 25 years, but already today, in 40 of our 50 states, one in ten Medicare beneficiaries is 85 years of age or older. This is the fastest-growing group of seniors. And they require the greatest amount of care. And they will spend -- consider this -- almost a quarter of their lives on Medicare. The report also shows that in every state in America, there are more women on Medicare than men; on average 57 percent women, 43 percent men.

This report is the most compelling evidence to date that we must strengthen and modernize Medicare for the long run, including adding a voluntary prescription drug benefit. With our economy strong, our budget balanced, our people confident, now is the time to deal with this important issue. The budget I propose does just that while maintaining our surplus and paying down our debt over the next 13 years to make us debt free for the first time since 1835. It uses the savings from debt reduction to lengthen the life of Social Security and Medicare. It uses competition and the best private sector practices to control costs and improve quality in Medicare.

And it provides funds to give every older American, at long last, a choice of affordable coverage for prescription drugs. These drugs are an indispensable part of modern medicine. No one creating a Medicare program today would think of creating a program without prescription drug coverage. Yet more than three in five Medicare recipients now lack dependable drug coverage which can lengthen and enrich their lives. It is even worse for seniors in rural areas, who have little or no option to purchase private prescription drug coverage. And as today's report shows, nearly a quarter of our nation's elderly live in rural areas.

Our budget would extend seniors the lifeline of optional prescription drug coverage. It creates a reserve fund of $35 billion to build on this new benefit, and protect those who carry the heavy burden of catastrophic drug costs.

I have been gratified to see the growing bipartisan support for adding prescription drugs to Medicare since I first proposed it last year. But I am concerned, frankly, about two things.

First, some in the Congressional majority have talked about providing drug coverage only to the very poorest of our seniors. This report shows that doing so would mean denying a prescription drug option to the nearly half of all seniors who have modest, middle incomes between $15,000 to $50,000 -- the majority of whom lack dependable drug coverage as well. I think it would be wrong to deny them the opportunity to get that drug coverage.

Second, the majority party in Congress has begun talking again about spending the surplus on huge, risky tax cuts, which would make it impossible to pay down our debt. That would leave nothing left for extending the life of Social Security and Medicare, nothing for a voluntary drug benefit. I believe that when they read this report they will understand what the consequences of such a decision would be.

The American people have worked hard to turn our economy around and turn our deficits into surpluses. Now, we have a once-in-a-lifetime opportunity to both pay down the national debt and to reform Medicare, lengthen the life of Social Security, and add a voluntary prescription drug benefit to the Medicare program. We owe it to the American people to seize this opportunity this year. And I thank all of these fine people who are with me for the contributions they are making to that effort.

Thank you.



5. RADIO ADDRESS OF THE PRESIDENT TO THE NATION--March 11, 2000

Audio clip in RealAudio format

The Oval Office
10:06 A.M. EST

THE PRESIDENT: Good morning. In just a few days, Congress will begin to write the next year's budget. This is an important challenge we in Washington take up every year, with important consequences for the
American people. Today, I want to talk to you about the outcome I seek for our families and our future.

I've always thought you could tell a lot about people's priorities by what they do first. For me, above all, that means maintaining the fiscal discipline that has brought us to this point of unprecedented prosperity -- with 21 million new jobs, the lowest unemployment in 30 years, the longest economic expansion in history. It means staying on the path to make America debt-free by 2013. It means saving Social Security, strengthening Medicare, modernizing it with a voluntary prescription drug benefit that so many of our seniors need and too few
can afford. And it means continuing to put the education of our children first, with higher standards, more and better trained teachers, after-school and summer school programs, modernizing our schools.

These are my first priorities. I think they're most Americans' first priorities. But it seems the congressional majority has hardly gives them a second thought. Before Republican leaders have put a single penny toward strengthening Social Security or Medicare; before they put a single penny toward a prescription drug benefit; before they put a single penny toward educating our children, they've allocated nearly half a trillion dollars to risky tax cuts. More than half our money already spent -- and not a penny on our most pressing priorities.

Unfortunately, the majority tried to take us down this road before. Last year, they went for one big tax cut with one big grab. This year, they're doing it piece by piece, one tax cut after another. Just this week, we saw Republican leaders attach special-interest tax breaks to what should have been a simple raise in the minimum wage. Now, all these cuts together add up to a serious threat to Social Security and Medicare. They would make it impossible to pay down the debt by 2013, or make vital investments in education, fighting crime, protecting public health and the environment, and other urgent national priorities.

As the budget process begins, I urge Republican leaders to change their course, and steer clear of a fiscal dead-end. It's wrong for America -- it was wrong last year, and it's wrong this year. Let's do first things first.

I urge Congress to write a budget that puts aside enough funds from our hard-won surplus to eliminate the debt by 2013; to write a budget that strengthens and modernizes Medicare with a prescription drug benefit; to write a budget that extends the solvency of Social Security; one that invests in education, extends health coverage to more American families and meets other pressing priorities.

Of course, Congress still has plenty of time to get its work done right, and get it done on time. I hope it will do so. If Congress takes care of first things first, we can also give targeted tax relief to America's families: a tax credit to help pay for college or save for retirement; a tax credit to help care for aging or ailing loved ones; a
tax relief to reduce the marriage penalty; tax relief to reward work and family with an expanded earned income tax credit, an increased tax credit for child care expenses.

I will work with any member of either party to get these things done. We can get them done -- but only in the context of a realistic, responsible, balanced budget: one that maintains our fiscal discipline and makes the most of this great moment of prosperity. Now, that's a budget that makes sense. One that works for working Americans.

Thanks for listening.

END
10:11 A.M. EST


6. REMARKS BY THE PRESIDENT TO THE CLEVELAND COMMUNITY ON PRESCRIPTION DRUG BENEFIT -- March 13, 2000
City Public Library Cleveland, Ohio
2:55 P.M. EST


THE PRESIDENT: Thank you very much. Thank you. First, I think Wanda did a pretty good job, don't you? Let's give her another hand. (Applause.) I am delighted to be here in Cleveland. I want to thank all the people who are up her with me -- Alice Katchianes, thank you for being here. And, Mr. Venable, thank you for your welcome. If I could sing like that I'd be in a different line of work. (Laughter.) I thought that was great.

I want to thank Congressman Sherrod Brown and Congressman Dennis Kucinich; Congresswoman Stephanie Tubbs Jones; my great friend, Lou Stokes; all the other officials who are here today. State Representative Jack Ford; County Commissioner Jimmy Dimora; State Senate candidate Donna MacNamee, a woman I met at the dedication of the FDR Memorial, at President Roosevelt's wheelchair. I'm glad to see her here.

I want to say a special word of appreciation to Congressman Dick Gephardt for his leadership and his passionate commitment to this and so many other good causes. Without him and these other members of our caucus, we wouldn't have a prayer of passing this proposal today. And I thank him.

And I want to say, obviously, how pleased I am to be here with Donna Shalala, who is, as Dick Gephardt suggested, not only the longest serving, but by a good long stretch, the ablest and best Secretary of Health and Human Services this country has ever, ever had. (Applause.) And I love to see her mother, and I'm glad she made room for me at tax time. (Laughter.) I told her, I said, you know, when I get out of this job, I hope I need the services of a tax lawyer. (Laughter.) Right now, it's all pretty straightforward. But that was, without a doubt, the shortest speech I ever heard a lawyer give, what she said to me. (Laughter.) You probably doubled your business just by being here today.

I do love coming to Cleveland, and you heard Donna say that we have a lot of people in this administration from Cleveland, including my Deputy Chief of Staff, Steve Ricchetti, who is here today. But Clevelanders, they may go anywhere, but they never get it, Cleveland, out of their soul.

If you go into Steve's office, there is a great photograph from the opening day of baseball at Jacobs Field in 1994. Now, I remember that because I threw out the first pitch. But Steve's got the picture on the wall because when I threw the pitch, everyone was absolutely stunned that it didn't hit the dirt -- (laughter) -- and Sandy Alomar caught it. So he really got -- I'm incidental to the picture. He's got Sandy Alomar catching a ball which he was convinced would go into the dirt. I thought I did pretty well for a guy who played in the band, myself. (Laughter.)

Let me say, this is a great time for this city and a great time for our nation. As I said in the State of the Union address, I hope this time will be used by our people to take on the big challenges facing America. One of those big challenges is what to do about the aging of America, which is a high-class problem. That is, we're living longer, we're living better -- and the older I get, the more I see that as an opportunity, not a problem. But it does impose certain challenges on us.

There is also a challenge to modernize our health care systems and to do other things to increase the health care of the American people. And that's what we're here to talk about today.

But because this is my only formal opportunity to be before -- thanks to you -- before the press and, therefore, the American people, I would like to just refer to another issue that relates to the health and safety of the American people, just briefly.

I have been fortunate enough to have the support of the members of Congress on this stage in our efforts to drive the crime rate down, to make our streets safer in Cleveland, and every other major city in America is a safer place than it was seven years ago. We have a 25-year low in crime, a 33-year low in the gun death rate. And I am grateful for the support I have received to put more police on the street, to have more summer school and after-school programs for young people, and to do more to keep guns out of the hands of criminals -- banning the cop-killer bullets, the assault weapons ban, the Brady Bill -- which has kept half a million felons, fugitives and stalkers from getting handguns.

Now, all of you know we had some tragic deaths last week. We had that six-year-old girl killed in Michigan by a six -year-old boy, who was a schoolmate of hers. We had terrible shootings in Memphis. And just in the last year we had the horrible incident at Columbine High School, almost a year ago; and in the year before that, lots and lots of school shootings.

Now, after Columbine, I suggested that what we ought to do is to, number one, make sure there were child safety locks on these guns; number two -- which would have made a big difference in the case of children getting the guns. Number two, make sure we ban the importation of large ammunition clips which make a mockery of the assault weapons ban because they can't be made or sold here in America, but they can be imported. Number three, close the loophole in the background check law, the Brady law, which says people can buy handguns at gun shows or urban flea markets and not have to do a background check. It's a serious problem. And fourth, I think when adults intentionally or recklessly let little kids get a hold of guns, they should have some sort of responsibility for that.

And so I asked the Congress to do that. Eight months ago, Vice President Gore broke a tie in the Senate and passed a pretty strong bill, and then a bill passed in the House that was weaker. And I asked them to get together and pass a final bill. And they never even met until last week when we got them together, after this last round of horrible shootings.

And I ask all Americans to join me, because I think these things are reasonable. This won't affect anybody's right to hunt or sport-shoot or anything, but it will save kids' lives.

The response we got from the National Rifle Association was to run a bunch of television ads attacking me. And yesterday morning I went on television again to talk about these measures. I'm not trying to pick a fight with anybody; I'm trying to fight for the lives of our kids. But I want you to see what we're up against whenever we try to change here.

The head of the NRA said yesterday -- I want to quote -- he said that my support of these measures was all political, and he said this: "I have come to believe that Clinton needs a certain level of violence in this country. He's willing to accept a certain level of killing to further his political agenda -- and his Vice President, too."

Well, he could say that on television, I guess. I'd like to see him look into the eyes of little Kayla Rolland's mother and say that. Or the parents at Columbine, or Springfield, Oregon, or Jonesboro, Arkansas. Or the families of those people who were shot in Memphis.

I say that, again, to emphasize change is hard, but sooner or later, if you know you've got a problem, you either deal with it or you live with the consequences. And the older you get, the more you understand that.

We do not have -- I'm grateful that our country is a safer place than it was seven years ago. I don't think it's safe enough. I don't think you think it's safe enough. I don't think you think it's safe enough for seniors; I don't think you think it's safe enough for little kids. And if we can do more things to keep guns away from criminals and children, that don't have anything to do with the legitimate right of people to go hunting or engage in sports shooting, we ought to do it. And we ought not to engage in this kind of political smear tactics. (Applause.)

Now, I feel the same way about this issue. And I want to try to explain to you what is going on now with this issue, because most people in America -- you heard Dick Gephardt talk about it -- most people in America think, well, why are we even arguing about this? Well, all health care issues are fraught with debate today. I know you're having a big debate here about hospital closures in Cleveland, and I don't know enough about the facts to get involved with it, but I'll tell you this. One of the problems we have is, there's too much uncompensated care in America.

And we're trying to -- we're trying hard, the people you see on this stage, we're trying hard to make sure every child that's eligible is enrolled in the Children Health Insurance Program that was created in 1997. We want Congress to let their parents be insured under the same program. We want people over 55 but under 65 who aren't old enough for Medicare, but have lost their insurance on the job, to be able to buy into Medicare, and we want to give them a little tax credit to do it. If we do things like this, then, whatever happens, in Cleveland or anyplace else, will have to be determined based on the merits of the case, but at least the people who need health care will be able to know that the people who give it to them -- whether it's hospitals or doctors or nurses or whoever -- will be able to get reimbursed for it. And that's a very important thing. I hope you'll support us in that.

And then we come to the issue at hand. Now, what's this about, this prescription -- you all know what it's about. If we were starting -- suppose I came here today as President and I were in my first year as President and I proposed Medicare, just like President Johnson did in 1965, in the first full year after he was elected -- and I told you in 1965 what he said, it would be fine. But in 2000, if I said, okay, I'm going to set up this health care program for senior citizens, and you can see a doctor and we'll pay for your hospital care, but even though we could save billions of dollars a year keeping people out of hospitals and out of emergency rooms by covering the medicine, we're not going to cover medicine.

If we were starting today, given all the advances in prescription drugs in the last 35 years, you would think I was nuts, wouldn't you? The only reason that prescription drugs aren't covered by Medicare is that it was started 35 years ago, when medicine was in a totally different place. That's the first thing.

The second thing I want to say is that it has really cost us a lot not to cover these seniors. And you see American seniors, for example, who live in New York or Vermont, going to take a bus trip to Canada because they can buy drugs made in America for 30 percent less -- because very often the seniors, the people that are least able to pay for these drugs, are paying the highest prices for them.

Now, that's why our budget has this plan. And I want to tell you exactly what we propose, and what we're all up here on this stage supporting today. We want to provide with Medicare a prescription drug benefit that is optional, that is voluntary, that is accessible for all -- anybody who wants to buy into it can -- a plan that is based on price competition, not price controls -- that is, we don't want to control the price, but we want to use the fact that if we're buying a lot of medicine, seniors ought to be able to get it as cheap as anybody else. (Applause.) And we also want it to be part of an overall plan to continue to modernize Medicare and make it more competitive.

Because, I can tell you, I'm the oldest of the baby boomers, and people in my generation, we're plagued by the notion that our retirement could cause such a burden on our children, it would undermine their ability to raise our grandchildren. We don't want that.

Now, medically speaking, this is not just the right thing to do, it is the smart thing to do. As I said, we already pay for doctor and hospital benefits. But an awful lot of seniors go without prescription drugs -- and preventive screenings, I might add -- that ought to be a part of their health care. We've worked hard to put preventive screenings back into Medicare, for breast cancer, for osteoporosis, for prostate cancer. These are very, very important. But not having any prescription drug coverage is like paying a mechanic $4,000 to fix your engine because you wouldn't spend $25 to change the oil and get the filter replaced.

In recent months I have been really encouraged because a number of Republicans have expressed an interest in joining us to do this. And we can't pass it unless some of them join us, because we don't have enough votes on our own. But so far, the proposals they're making, I think, are not adequate, and I'll explain why.

There are two different proposals basically coming out of the Republicans. Some of them propose giving a block grant to the states to help only the poorest seniors, those below the poverty line. That would leave the middle-income seniors, including those that are lower-middle-income, just above the poverty line, to fend for themselves. And here in Ohio, 53 percent of all the seniors are middle-income seniors. None of them would be covered by this plan.

In 1965, when Medicare was created, some in Congress used these very same arguments. They said, we should only pay for hospital and medical care for the poorest seniors. They were wrong then, and they're wrong now. More than half the seniors today without any prescription drugs at all are middle-class seniors. I want to say that again. More than half the seniors without any prescription drug at all are middle-class seniors. On average, middle-class seniors without coverage buy 20 percent less drugs than those who have coverage, not because they're healthier, but because they can't afford it.

And even though they buy 20 percent less medication -- listen to this -- because they have no insurance, their out-of-pocket burden is 75 percent higher. Without insurance, 75 percent higher.

So I say, let's do this right. This is voluntary; we're not making anybody do it. But we ought to offer it to everybody who needs it. It doesn't take much, if you're a 75-year-old widow to be above the so-called federal poverty line. You can have a tiny little pension tacked on your Social Security and you can be there. But if you've got -- as you've just heard -- $2,300 worth of drug bills a year -- and a lot of people have much higher -- it's a terrible problem.

Now, some other members of Congress are proposing a tax deduction to help subsidize the cost of private Medigap insurance. If any of you own Medigap, you know what's the matter with that proposal. This proposal would benefit the wealthiest seniors without providing any help to the low- and middle-income seniors. And the Medigap marketplace is already flawed. Today -- listen to this -- in Washington, the General Accounting Office is releasing a report that shows that Medigap drug coverage starts out expensive and then goes through the roof as seniors get older. On average, it costs about $164 a month for a 65-year-old to buy a Medigap plan with drug coverage, and premiums rise sharply from there.

For example, in Ohio, an 80-year-old person would pay 50 percent more than a 65-year-old person for the same coverage under Medigap. This is not a good deal, folks. We don't want to put more money into this program. It is not a good deal. Even those who offer Medigap plans say the approach wouldn't work, because it would force Medigap insurers to charge excessively high premiums for the drugs or to refuse to participate at all.

Now, there's another problem that we have in the Congress, which is that the congressional majority just last week voted on budget resolutions that together allocate nearly half a trillion dollars to tax cuts. And if we cut taxes that much, we won't be able to afford this. And we may not be able to save Social Security and Medicare and pay down the debt, and have money left over to invest in the education of our children.

I'm for a tax cut, but we've got to be able to afford it. And we, first of all, have got to keep this economy going. We need to pay down the debt. We can get out of debt for the first time since 1835, within a little more than 10 years, if we just keep on this road. A lot of you never thought you'd ever see that.

We can lengthen Social Security out beyond the life of the baby boom generation. We can put 25 years on the Medicare program, which is longer than it's had in blows and blows, a long time. And we can add this prescription drug coverage. But we can't do it if the tax cut's too big, and we shouldn't do it in the wrong way and say you can only get it if you're really poor, or you can only get it if you buy into Medigap.

Now, let me tell you why this is such a big deal. The average 65-year-old in America today has a life expectancy of 82 to 83 years. The average 65-year-old woman has a life expectancy higher than that. The fastest-growing group of American seniors are those over 85. So to knowingly lock ourselves into a program that would get 50 percent more expensive as you got older and older, and needed more and more medicine and had less and less money does not make much sense.

We have given them a good program. It is the right thing to do. And so I would like to ask all of you to help all of these members of Congress on the stage, and to tell the people in Washington, look, this is not a partisan issue. You know, a lot of people say, we don't want to do this; this is an election year. Look, they can name this prescription drug program after Herbert Hoover, Calvin Coolidge and Warren Harding. It's fine with me. I don't -- put some Republican's name on it. I don't care. Just do it, because it's the right thing to do for the seniors of this country. (Applause.)

So I would just implore you, help us pass this. Write to your United States senators. Tell them it's not a partisan issue. Tell them what life is like. Tell them it's not right for seniors in Ohio to pay 30 to 50 percent more for medicine than seniors in Canada pay for the same medicine that's made in America in the first place. Tell them it's not right for you to need something you can't have, so you get sick, but then when you show up at the emergency room, it gets paid for.

We can afford this. Everybody in America has worked hard for it. We've got this budget in good shape. We can make a commitment to our future. If you think is necessary now, imagine what it's going to be like when the number of seniors doubles in 30 years. That's the last point I want to leave you with. Look how many seniors there are in Cleveland today. In 30 years, the number of people over 65 will double, and Donna Shalala and I hope to be among them. (Laughter.) And you think about it. And then the average age in America will be well over 80.

Now, if we have to take care of all these people by waiting until they get sick and they go to the hospital, instead of worried about hospitals closing, 30 years from now you'll worry about the city going bankrupt because everybody will be in the hospital. We've got to be healthier, we've got to keep people healthy. We need to keep them playing tennis, like Lawyer Shalala there; but we also need to be able to give people medication to keep them out of the hospital, and to manage people in a way that will maximize their health. This will be a huge issue.

So I implore you, this country -- this is the first time we've been in shape to do this in 35 years. We can do this now. And we can do it now and take care of the future. We can help the seniors of today and take a great burden off of tomorrow. But we need your help to do it.

Again, I implore you, talk to your members of Congress, talk to your senators. Tell them it's not a partisan issue, it's an American issue, it's a human issue and it's a smart thing to do.

Thank you and God bless you. (Applause.)
END 3:17 P.M. EST


7. STATEMENT BY THE PRESIDENT -- March 15, 2000

Today, the Republican Congress took a first step on a risky budget that threatens to undermine the fiscal discipline that has lead to our current economic prosperity. The budget blueprint they have endorsed fails to strengthen Social Security or Medicare, takes us off the path to paying down the debt by 2013, and threatens to slash key priorities like education, law enforcement, and the environment. It was the wrong approach for America last year -- it is the wrong approach for America this year.

Republican leaders should work with me on a responsible budget that strengthens Social Security and Medicare, adds a prescription drug benefit, pays down the debt by 2013, and invests in education and other key priorities. Let's work together to meet America's long-term challenges and keep our economy strong.


8. TEXT OF A LETTER FROM THE PRESIDENT TO THE MAJORITY AND DEMOCRATIC LEADERS OF THE SENATE -- March 21, 2000
New Delhi

Dear Mr. Leader: I am pleased that the Senate is moving forward with consideration of H.R. 5, a bill that would eliminate the retirement earnings test above the normal retirement age. On March 1, 2000, with strong Administration support, the House passed H.R. 5 by a vote of 422-0. I now urge the Senate to follow suit and quickly pass H.R. 5. This will ensure enactment of a clean, straightforward bill to eliminate the retire-ment earnings test above the normal retirement age, which I will promptly sign into law.

I called for the elimination of the earnings test for seniors in my State of the Union address in 1999. I believe that the test is confusing and outdated. As the baby boomers begin to retire, it is more important than ever that older Americans who are willing and able to work should not have their Social Security benefits deferred when they do.

Our work together on eliminating the retirement earnings test can help establish bipartisan momentum toward Social Security reform. We should build on this foundation to pass legislation that would extend the solvency of Social Security to about 2050 while taking signifi-cant actions to reduce poverty among elderly women. Last year, I transmitted legislation to Congress that would have used the interest savings earned by paying down the debt to make Social Security stronger. If we agree to this simple step, we can extend the life of Social Security to the middle of the next century while also modernizing Social Security to reduce poverty among elderly women.

These simple measures would be a substantial down payment on meeting the long-term Social Security challenge. I hope we can continue to work together on this issue.

Sincerely,
WILLIAM J. CLINTON


9. STATEMENT BY THE PRESIDENT -- March 22, 2000

I am pleased that the Senate has followed the House in passing a measure to eliminate the retirement earnings test for seniors. In my 1999 State of the Union Address, I asked Congress to work with me to end this confusing and outdated policy that discourages healthy senior citizens from continuing to work past 65 if they choose to do so. I look forward to opening a new era of opportunity for older Americans by signing this measure into law.

Eliminating the earnings limit is an important first step in undertaking comprehensive Social Security reform this year. The work on the retirement earnings test shows that Congress can work together to further the people's business. We should build on this bipartisan spirit to make further progress on Social Security. Last fall, I sent Congress legislation that would use the benefits of debt reduction to extend the life of Social Security to the middle of the next century. Today, I call on Congress to work with me on this simple plan to extend the solvency of Social Security while strengthening benefits to reduce poverty among elderly women.


10. REMARKS BY THE PRESIDENT DURING DNC LUNCHEON -- March 30, 2000
Private Residence New York, New York
1:27 P.M. EST

THE PRESIDENT: Thank you. Well, thank you, Denice. If I come here one more time -- (laughter) -- we should allocate part of the property tax assessment to me. I love coming here to this beautiful, beautiful place. I want to thank you and I want to thank all the people who served us today and provided this wonderful meal. I want to thank the WLF -- Laura, Betsy, Sharon, Susan and Agnes, particularly. I want to thank Judith Hope, who has proved that someone from Arkansas can make it in New York. (Laughter.) Which is becoming an increasingly important precedent in my mind. (Laughter.)

Thank you, Mayor Rendell, and thank you Carol Penske. I was trying to think of what I could possibly say, since most of you have heard me give this speech 100 times. And I was remembering, oh, 12-13 years ago, maybe a little longer -- Tina Turner came to Little Rock when she -- you know, she went away for a long time and she was abused in her marriage and she had a lot of really tough times.

And then she made an album after many years of being silent, called "Private Dancer," which made her a big international star again. So she was taking and making her tours around, and so she came to Arkansas, to this place where we always had concerts. And the guy who ran the place knew that I just loved her. So Hillary was out of time, I remember, and he gave me like eight tickets on the front row, and I took all my pals and sat on the front row.

So she sings all her new songs, everybody goes nuts. At the end, she starts to -- the band starts to play "Proud Mary," which was her first hit. So she comes up to the microphone, and everybody cheers -- she backs away. And she comes up again, everybody cheers again and she said, you know, I've been singing this song for 25 years, but it gets better every time I do it. (Laughter.) Anyway -- I've got to do it. (Applause.) Very instructive, I'll never forget it.

I want to tell you, we're in this beautiful surrounding -- I want you to know where I was last night. Last night, I was in the Bishop John Adams Hall of Allen University, an African Methodist Episcopal, AME college in Columbia, South Carolina. That's where I was last night -- at a dinner, sponsored by the state Democratic Party, with the new Democratic Governor there, Inez Tenenbaum -- some of you may know her, she's the Commissioner of Education now for South Carolina -- longtime active in American Jewish colleges, a friend of mine for many, many years, and many others, in honor of the African-American Congressman Jim Clyburn from that district. It was a real picture of a new South, a different place than we have been treated to for the last several years in national politics. It was fascinating.

And I was talking to them about going to Selma a few weeks ago for the 35th anniversary of Bloody Sunday, and walking over the Edmund Pettus Bridge with John Lewis and Hosea Williams and Dick Gregory and Coretta Scott King and Jesse Jackson -- all the people that were in Selma 35 years ago. And this whole issue of the Confederate flag being on a flagpole in South Carolina was there. And I said, I can't say anything better to you than when the waving symbol of one American's pride is the shameful symbol of another American's pain, we still have another bridge to cross. And the crowd exploded, and said, we're going to take that flag off the flagpole. And it really made me feel proud to be an American, proud to be a Democrat, and proud to be a Southerner.

And to see that the old -- what we know now about South Carolina, most Americans who aren't from there, is that President Bush went to Bob Jones -- I mean, Governor Bush went to Bob Jones University. President Bush went there, too. And President Reagan went there, too. Bob Dole went there, too -- and I let him get away with it because I didn't know it. (Laughter.) If I had known it, I wouldn't have.

You can't imagine what a big deal this was to a Southerner. Anybody that went through the civil rights revolution was more offended by that, I think, than anything else -- because -- it's okay. I'm sure there are a lot of -- you know, there are good people everywhere. But if you're going to go there, you should say, I don't agree with your racial and religious policies.

But what I want you to know is, there's a whole other group of people down there. And they're involved in a struggle, mano a mano, with the Republicans for defining the future of that state, and how they define it might have a lot to do with what America looks like in the future. And this is the struggle that's going on throughout the country.

I would also tell you that the second-biggest hand that anything got in the evening was when the Congressman said that he certainly hoped Hillary would be elected to the Senate from New York. And that South Carolina crowd erupted. (Applause.)

I say that to tell you that the reason I love being a member of this party, and the reason that I am so grateful that I have had this chance to serve our country, is that we really are, now, the only available national vehicle for the common aspirations of all Americans. People can come to a wonderful lunch like this; people who serve the lunch that could never afford to come to one; all kinds of people in between.

And I just want to say, tell you very briefly -- because I'm not on the ballot. I'm not running for anything. Most days I'm okay with it. (Laughter.) Some days I'm not so sure. (Laughter.) But what I thought I would do today is to try to just give you a little ammunition in an organized fashion -- based on what's now going on in Washington right now, and what certainly will be at issue in this election -- about what the differences are, the practical differences, and what the evidence is in terms of what works. And I'll start with an interesting thing, particularly -- it always amazes me at these events. You could all be at one of their events and get a bigger tax cut. So let's start with their tax policy.

What's our tax policy? Our tax policy is, we've got a surplus, we can afford a modest tax cut as long as it doesn't interfere with our ability to balance the budget, keep paying down the debt, and save Social Security and Medicare, and have enough money to invest in education, health care and the environment, science and technology and medical research. And if we've got any -- but we can have one.

But we think it ought to be concentrated on increasing the earned income tax credit, which is what low-income working families get so they can support their kids. We think we need a much bigger child care tax credit, and it ought to be refundable, because paying child care costs is still one of the biggest challenges that working families face.

With more and more people living longer, the number of people over 65 slated to double in the next 30 years, and I hope to be one of them -- (laughter) -- more and more families making the loving, but expensive choice to care for their relatives, we want a $3,000 a year tax credit for long-term care.

We want a tax reduction that will extend all the way to upper middle class people for up to $10,000 for the costs of college tuition. We have made with our tax credits, effectively, we've made two years of college, at least at the community college level, universal in America, one of the major achievements of the Clinton-Gore administration. If this passes, we'll make four years of college access universal. It's very important.

So those are the kinds of tax cuts we want. We want to give people who have money big tax breaks if they will invest in the poor areas in America that are not part of our prosperity yet. I believe that you ought to have the same tax incentive to invest in inner-city neighborhoods in New York or Chicago or the Mississippi Delta, or Appalachia or the Rio Grande Valley, or the Native American reservations where unemployment rates still run as high as 70 percent on some of them -- you ought to have the same tax incentives to invest in those areas that we will give you today to invest in Latin America or Africa, or Asia -- not that I want to take the others away, I just want the same incentives here in our country.

Their tax program, under the guise of marriage penalty relief, is to get rid of the estate tax entirely and have other things that are concentrated overwhelmingly toward upper income people. There's a difference, a real difference. And it says a lot about most of you that you're here, because most of you would benefit more in the short run if you were there with them.

So what does that tell you about the Democrats? When I ran in '92, I said that I had a vision of 21st century America in which every responsible citizen had an opportunity, in which we would be a community of all people, and in which we would continue to lead the world for peace and freedom. And I think that we think that way because, basically, we believe everybody counts, that everybody should have a chance, that everybody should have a role to play, and we all do better when we work together. That's what we really believe.

And it matters. You should know, there's a huge, gaping difference on tax policy. Now, am I right or are they right? We've had a lot of tax cuts since I've been President. Hope Scholarship tax credit, we've doubled the earned income tax credit, we gave a $500 per child tax credit, and there was a survey that came out the last day of my trip when I was gone that said that on ordinary Americans, the income tax burden in America, the percentage of income going to income tax -- now, that's not Social Security or Medicare, but just income tax, is the lowest it's been in 40 years.

So I think we're right. And I'm not running -- I can't make that case. But you can and you must. What about the budget? What's our budget policy? I want us to pay down the debt for the first time since 1835. And I think it's a liberal thing to do, not a conservative thing to do. Why? Because if we do that in a global economy, interest rates will stay down and ordinary people will be able to make their money go further. They'll be able to buy cars. They'll be able to take college loans. They'll be able to buy homes. And we'll have more money available for businesses to borrow at lower interest rates, because the government won't be doing it, which means more jobs will be created. I think it's the right thing to do.

And I want to also save enough money so that when the baby boomers all retire, we'll be able to preserve Social Security and Medicare, and we'll have enough money to invest in education. We've got -- this administration has done more work in more areas in education, I think, than anyone in history. And I've got a big program up there now, designed to help school districts turn around failing schools or shut them down; to provide after-school programs and other remediation programs to every kid in every troubled school in America; to finish our work of hooking all the schools up to the Internet; to repair 5,000 schools a year for the next five years, and to build 6,000 new ones. And this is important.

Now, what's their program? Their program is -- their nominee, just as recently as last week, has reaffirmed that he supports a tax cut even bigger than the one I vetoed last year. And I can tell you what will happen if it passed. Here's what will happen. If it passes, we will go back to either running government deficits, or there will be vast cuts in education -- where Governor Bush says a lot of things, virtually endorsed our program in education, to only give out federal money to the schools if they support what works. The problem is, he can't keep his commitments, because he's for a tax cut that will mean they'll have to cut education. And not just a little bit; I'm talking a lot. They won't have any money to help Social Security and Medicare when the baby boomers retire, but that's okay with them, because they want to privatize both of them. And I think it's a mistake.

They can't support our plan to provide a prescription drug benefit with Medicare -- which 60 percent of the people on Medicare need, by the way. Not just poor people on Medicare; there are a lot of people who have middle-class incomes, who have huge medical bills, that are severely distressed by them. And they cannot get affordable coverage for medicine when they get older.

They can't support our program to let the parents of poor children that are in our children's health program buy into health insurance -- because they don't have the money; because they're going to give it all away in a tax cut. And we'll still have a deficit. Now, there's a big difference there. And it's not like we don't have any evidence here. Our economic policies -- we have doubled our investment in education; we've got the first back-to-back surpluses in 42 years. And I think the economic performance speaks for itself. The longest expansion in history and 21 million new jobs. So why are we even having this argument? Because we really have honest differences here.

If you look at other issues -- I could just mention two or three more. Our view of the world -- I got tickled the other day. I just got back from India and Pakistan and Bangladesh, and I stopped in Switzerland to try to make another effort on the Middle East peace. And I noticed a member of the other party in the Senate was criticizing me for going to India and Pakistan, because I didn't "get anything for it." That is, they didn't agree to sign the Comprehensive Test Ban Treaty, or to the other efforts that I'm making to try to stop them from building up nuclear weapons.

Well, they didn't. What he didn't point out is that I lost all the leverage I had when the Republican Senate defeated the ratification of the Comprehensive Test Ban Treaty. I thought, that is real gall. Man, for a guy -- (laughter) -- to stand up and say that. That requires a lot of moxie, you know. (Laughter.) One of their great strengths is, by the way, they have no guilt and no shame. I mean, they'll say anything. (Laughter.) You know, you'll never see them blink about it.

But I want to say, there are differences in that. And we do have some things in common. I compliment the Republicans that are trying to help me help Colombia, to reduce the drug flow into America and to shore up a brave democratic government's fight there. And the people who are criticizing this, saying it's another Vietnam, are just wrong. We're not sending soldiers there. All we're doing is supporting the police and other efforts to build a civil society and give those farmers some reason to stop growing coca and grow something else. I support -- I thank the Republicans who have helped me with the China agreement, because I think it's very important to bring China into the World Trade Organization.

But we have big differences. You know, I want to support the U.N. more, most of them want to support it less. I think we were right to go into Kosovo, and save the lives and the livelihoods of a million Muslims. Most of them thought it wasn't worth the trouble -- not all of them, but most of them.

And so there are real differences here. And the Comprehensive Test Ban Treaty is the most stunning one. I mean, I cannot imagine a reason for the United States not to sign on to the Comprehensive Test Ban Treaty unless you believe that we will be more secure because you think we can always win any arms race, so it's okay if everybody else starts to get in the nuclear business as well. These are differences.

I'll just give you two or three others of these things we're fighting. The patients' bill of rights -- about 190 million Americans in these managed care plans. I believe they ought to have access to a patients' bill of rights that's really strong and enforceable. And we're still fighting that. We may get it, but we're not there yet.

I think we ought to raise the minimum wage a buck over two years. You know, the last time I did it, they said it would wreck the economy. Since then, the economy's grown even faster than it did before we raised the minimum wage. (Laughter.) It's not like there's an argument here that has any evidence behind it. The gun safety legislation -- you all know about that. I mean -- they asked me in my press conference yesterday what I thought about all these terrible things Charlton Heston is saying about me, and I said, I still like his movies and I watch them every chance I get. (Laughter.)

But if you look at it -- forget about the NRA, here. If you look at this view -- should we close the gun show loophole and doing background checks. Well, when I signed the Brady Bill, they all said, oh, it was the end of the world as we knew it. The hunters would be bereft, because they would be -- their lives would be messed up. Nobody's missed an hour in the deer woods yet, and a half a million people who were felons, fugitives or stalkers, haven't gotten handguns. And gun crime is at a 30-year low in America because of that.

But a lot of them still pick up these guns at urban flea markets and at these gun shows. And the technology is there to do the background check. You know, people thought the assault weapons ban was terrible. But, frankly, it's not as effective as it ought to be, because you can still import large-capacity ammunition clips and then adapt the guns. And we ought to ban them.

We ought to have child trigger locks. We ought to be investing in safe gun technology so if somebody buys a handgun, you can equip it in a way that you have to show your fingerprints on the gun before it will fire. These things are worth doing. And the difference I have -- and the Republicans say, well, but you just ought to enforce the existing laws now.

And a lot of you have heard me say this, but I want to hammer this home. It's a big issue. We have enforced the gun laws more than they were before. Prosecutions are up. I've asked for another 1,000 prosecutors and more investigators to enforce the existing gun laws, to get -- the surprising number of guns used in crimes come out of just a few dealers. There's something to that. But their position is that guns are the only area of our national life where there should be no prevention.

I said this in the press conference the other day, but I want to say it again: If I gave you the following speech, you would think I was crazy. If I said, you know, I've been flying on airplanes all my life. And most people who fly on airplanes are really good people. And it's a real pain, especially when you're late and airports are crowded to have to go through these airport metal detectors. And if you've got a big old buckle or a highly metallic money clip, you may have to go through two or three times. You empty your pockets and everything. And 99.99 percent of the people in those airports are good, honest people.

Let's just rip those metal detectors out there, and the next time somebody blows up an airplane, we'll throw the book at them. Now, you think about that. That's the argument, right? But most people believe that you should prevent as many bad things from happening as possible in life. And it's far better to prevent bad things from happening, and then if something does happen bad, then you do what's appropriate.

But these are huge differences. The choice issue is going to be huge. The next president will appoint somewhere between two and four justices in the Supreme Court. And their nominees have said repeatedly that Roe v. Wade was a bad decision, he'd like to see it repealed, he'd like to see it changed, and I can tell you, I've seen those guys work up there. This is -- I'll put in a little plug for Hillary -- (laughter) -- no matter whether a Republican senator says he's pro-choice or not, they will make their lives miserable, should they win the White House if they don't back the White House.

And if you can't imagine -- I have seen them dance -- I have seen these things happen where I've had these Republicans come up to me in virtual tears and apologize for the way they were voting on first one thing and then another, and just say they had to do it because they didn't want to lose their committee position, or they didn't want to lose this, that or the other thing that was being done.

Now, I don't think we're going to have a Republican President, I think Al Gore's going to be elected. (Applause.) But if you care about this issue, you should work harder for Al Gore and for people in the Senate that would support that position.

Now -- and I'll just give you one other example -- Ed Rendell was talking about the log cabin Republicans. I know that there have been a lot of people in America who won't support me because of the position I have taken on gay rights. But I have to tell you, I just don't see how you can run a democracy if you say that certain people -- no matter how law-abiding they are, no matter how honorable they are, no matter how talented they are -- ought to be discriminated against. I just think it's wrong. (Applause.)

I don't think it's really complicated, and I think we ought to pass the employment nondiscrimination act and the hate crimes bill. And I stood on the tarmac -- let me just say this -- I stood on the tarmac in Austin, Texas at the airport, and embraced the weeping daughter of James Byrd, who was dragged to death in Texas, who came all the way back from Hawaii to lobby for the hate crimes bill, pleading with the Governor to meet with her. He refused. Finally, he did, because it was a pretty hard case to make, why he wouldn't meet with her. And all he had to do was lift his hand, and they would have had a hate crimes bill. And it did not pass because they did not want it to pass. Because they did not believe that gays and lesbians should be protected by hate crimes legislation.

Now these are facts. And the American people can simply make up their own mind. But what you need to know is: when it comes to taxes, when it comes to the budget, when it comes to these other specific issues -- there are huge differences.

And I don't have to condemn them and engage in the kind of politics of personal destruction that others find so helpful. I think most of them are good people who really just disagree with us. I don't think that somebody with a different political view is an evil person. I think our country's really been hurt by all this sort of attempt to believe if you don't destroy your opponent, there's something wrong with you.

I don't believe, by the way, that John McCain is against breast cancer research, either, which was the main thing I heard about in the New York Primary. And I might tell you, that program was supported by me; it was in the defense budget. But that was a total misrepresentation of what was going on. It was completely unfair. And that's the most charitable word I can think of to characterize it.

But you need to understand here, I'm not running for anything, but I care a lot about what happens to my country. Yes, I want Al Gore to be president, because he's been the best Vice President in history, and because I love him; but also, more important, because he understands the future, and he's strong enough and experienced enough and smart enough, and he cares enough about the policy issues, to lead us there.

I'll just leave you with this thought: when we celebrated in February the longest economic expansion in American history, and all my economic advisors came in and said that, and they were all jumping up and down. I said, well, when was the last longest expansion in American history? For a long time, it had been the longest peacetime expansion in history. I said, when was the longest expansion of any kind in American history? You know when it was? Nineteen sixty-one to 1969.

Now, here's what I want to tell you about this. A few of you are around my age, anyway. I graduated from high school in 1964. John Kennedy had just been assassinated. But the country had united behind President Johnson -- and I was very proud of him. You know, he was from my neighboring state, passionately committed to civil rights.

And when I finished, in 1964, in high school, every kid my age was full of optimism. Unemployment was low, inflation was low, growth was high. We believed that all the civil rights problems would be solved by the Congress and in the courts, peacefully. We believed we would win the Cold War because of America's values. And no one thought that there would ever be any trauma coming out of Vietnam. In other words, we were pretty relaxed about being, then, at the high point of the longest economic expansion in American history. We thought things were just going to take care of themselves.

Now, a year later there was Bloody Sunday in Selma. Two years later, there were riots in the streets. Four years later, when I graduated from college, it was two days after Robert Kennedy was killed, two months after Martin Luther King was killed, nine weeks after Lyndon Johnson couldn't run for re-election because the country was split right down the middle.

And a few months later, Richard Nixon was elected President on the first of what became a whole series of what I called "us-and-them campaigns." You remember what his slogan was? He represented the silent majority. You remember that? Which meant that those of us who weren't for him were in the Loud Minority. And it was a very clever slogan for the time.

But the point is: it was us versus them. And we've been "us-ing and them-ing" for a long time ever since. And I have done my best to end that, here and around the world. Because I think it is dumb, counterproductive, wrong, and I haven't yet met a person who was genuinely happy demonizing other people.

But I'm telling you this to make this point: I have waited 35 years for my country to be in the position that we now enjoy today. Where we can literally build the future of our dreams for our children, where we can be a force for good around the world, where we can take on all these challenges.

But what I want you to know is: I have lived long enough to know that the worst thing we can do is take all this for granted. To believe that no matter what we could do, that there are no consequences to this election, there are no consequences to how we behave in our lives and in our communities, that this thing is somehow on automatic, and everything's just going to be hunky-dory. That's what I thought in 1964, and I have waited 35 years for my country to be in this position again.

So if somebody asks you why you came here today, you tell them what I told you. And you tell them we don't want to blow this chance. We have fewer crises abroad, fewer crises at home, and a greater opportunity to do right. And we're Democrats, and we need to do it. Thank you. (Applause.)

END 1:55 P.M. EST


11. REMARKS BY THE PRESIDENT BUILDING AND CONSTRUCTION TRADES DEPARTMENT CONFERENCE, AFL-CIO -- April 4, 2000
Washington Hilton and Towers
Washington. D.C.
12:25 P.M. EDT

THE PRESIDENT: Thank you. Well, the first thing I would like to say is John Podesta told me that he emceed this retirement dinner for Bob Sunday night. And then Hillary came over here for breakfast, and I just kind of got lonesome. Nobody had me come over, so I just thought I would intrude myself on your meeting. And I'm glad to be here. (Applause.)

I want to say I came for two reasons. First of all, I came to thank you for all the support you've given me and for all the work you've done for America and for all the people you represent. I have tried, too, to be a builder -- and the builders of this country, to me, embody the best of America. So I want to thank you, because without your help and your support, none of the good things that have happened that our administration, that the Vice President and I have been part of, would have been possible.

And the second thing I wanted to do was to say a special word of thanks to Bob Georgine as he retires after 29 years. Thank you for your leadership on raising the minimum wage, on school construction, on bringing investment to the new markets of America that have been left out of our prosperity, on the patients' bill of rights, and on all the issues the specifically affect your members and working people.

And I wanted to also thank you for last Labor Day, where you taught me to use an electric screwdriver. (Laughter.) Now that I'm moving into my own home and it's 111 years old, I might need that skill again, before you know it. (Laughter.)

Bob and I are both retiring -- at least he's doing it voluntarily; I'm term-limited. But I tell you, as we look back on the last seven years, it has been a wonderful experience. And, again, I say, we could not have done it without you. What I'd like for you to do now is just take a few minutes with me and think about why we are where we are and where we need to go.

I have my politics, I suppose, partly from the way I was raised by my grandparents and my family; partly from what I've learned as a governor in my home state of Arkansas and as President; partly from what I've observed about human affairs and human nature. But I have come to believe that there are basically two big approaches here to American politics. One is, obviously, from the bottom up; the other is from the top down. We're on the bottom up side.

The other is unite and lift against divide and conquer. I think that most of us believe the way we do because we think everyone counts, everyone ought to have a chance, everyone has a role to play in our society, and we all do better when we help each other. That's why we think everyone should have opportunity and we should have a community of all Americans.

Now, if you think about where we are today, it seems to me that even though I love to hear you cheer for me and for where we are and what we've done, the real issue is, what are we going to do with this moment of prosperity. You know, people can be tested in adversity, but they are also tested when times are good; when you build up a great legacy, what do you do with it. And I've worked as hard as I could for the last seven years to try to first turn this country around. Just remember what it was like when we all -- when Al Gore and I showed up here. We had high deficits; we had high interest rates; we had no job growth; we had social divisions; we had political gridlock. I've worked hard to try to turn it around. The country is moving in the right direction. What are we going to do with it? And that is the real issue.

And I would argue that you have a solemn responsibility in this election season not only to mobilize your members and their families, but to reach out to the larger American community to say, this is not a time for self-indulgence, this is a time to concentrate on our unique ability to meet the big, long-term challenges of America, for the most vulnerable among us, for the children like those children that are in this audience today. And I'd just like to begin with one -- Bob alluded to it.

In the next 30 years, all the baby boomers are going to retire, and we'll only have about two people working for every one person drawing Social Security. Not two people total, but -- (laughter) -- two people. Even I couldn't get that done. (Laughter.) Two people working for every one person drawing Social Security. And so there will be a great question here. How are we going to change that? How are we going to accommodate the aging of America?

Well, I'm about to sign a bill which removes the Social Security earnings limit, so people who want to work in their later years can do so and still draw their Social Security. I think that's a good thing to do. (Applause.) But we also have to recognize that we're going to have to make some changes in order for Social Security to mean, in the 21st century, what it has meant to the 20th century.

We're also going to have to make some changes in the Medicare program, which was established when President Johnson was here, to make it work in the 21st century. And I've asked the Congress, for example, to dedicate the interest savings from paying down the debt to the Social Security trust fund. Why? Because right now, we're paying more in Social Security taxes than we're paying out in Social Security. So as we pay the debt down, I want to take the interest savings from paying the debt down, put it in the trust fund. It would now allow us to add about 54 years to the life of the Social Security trust fund and take it out beyond the life of the baby boom generation. (Applause.)

And I hope you'll talk to the members of Congress. I know a lot of Republicans have supported many of your issues and you have relationships with both Republicans and Democrats. This is not a complicated deal. The only reason for the Republicans not to support this is if they want to privatize Social Security if they can get the Congress and the White House. Now, you need to put the heat on folks to say, we've got the money now, let's dedicate it now to saving Social Security and taking it out beyond the life of the baby boom generation. (Applause.)

The other thing we have to do is to modernize Medicare and add a prescription drug benefit for our seniors on Medicare. (Applause.) Now, we just learned last week that Medicare, which was scheduled to go broke in 1999, last year -- when I took office they said the trust fund would run out of money in 1999. We have now taken it out to 2023, and I'm very proud of that. (Applause.) You know, if we were designing a Medicare program today, no one would even think about designing Medicare without prescription drug coverage.

First of all, because there's been so many dramatic advances in medication. And, secondly, because, again I will say, the nature of people over 55 has changed. When Medicare was originally designed, people didn't live much longer than 65 years, typically, and this was designed for emergency care or for critical care, for hospitals and doctors. Now, any American lives to be 65 has got a life expectancy of 83. And more and more, we need preventive care and chronic care. And more and more of that is prescription medication. No one -- if we were starting all over again today, we we'd never even think about having a Medicare program that didn't provide a prescription drug component.

Now, I've just come from a meeting with the Senate Democrats, and the Senate is taking up the budget today, and the Democrats are going to try to, first of all, say we should not spend the surplus on risky tax cuts, we should first take care of our basic business. Senator Robb is going to offer an amendment today, supported by Senator Daschle, that makes this simple statement: After we modernize Medicare with an affordable, broad-based, voluntary prescription drug benefit, then we can move forward with sensible tax cuts that aren't so big they undermine our ability to save Social Security, pay down the debt and invest in the education of our children. But first things first. (Applause.)

So the Senate is going to get a resolution by Senator Robb today that says, say yes to Medicare and prescription drugs, and no to having a big tax cut first. So I hope you will support that.

Now, interestingly enough, a number of people in the Republican majority are saying, okay, well, I'll go along with the drug program as long as everybody doesn't get it. We ought to stop at the poverty level, or 150 percent of the poverty level, or maybe at the outer reaches, some of them 200 percent of the poverty level. Let me tell you something. They want to say that nobody with an annual income of over $16,700 should get help with this prescription drug benefit. I just think that's wrong.

If you think about it, a lot of you have parents, uncles, aunts -- maybe your older brothers and sisters, that are on Medicare. If they have a $300 or $400 a month drug bill, which is not all that rare, then $16,000 is not all that much money. And since this benefit is voluntary, again I will say I don't think a widow earning $16,000 or even $20,000 a year is less deserving of drug coverage than someone who is below the poverty line.

So I hope you will stick up for the proposition that all of our seniors should have the option of buying into this insurance program. That's what made Medicare work in the first place. That's what made Social Security work in the first place. It was a universal program that helped middle-class people as well as low-income people. And this is an opportunity to improve the process of aging in America in a way that is humane and decent and completely affordable. So we need your help to get prescription drug coverage in the Medicare program this year, in the right way, for all Americans. (Applause.)

I also want to thank you for your devotion to the welfare of people on the other end of life's age line -- for your support for education, and in particular, for the work you have done to build bipartisan support for school construction and renovation.

This year I have sent a budget to the Congress which will enable us to build or modernize 6,000 schools, and to repair 5,000 schools a year over the next five years. This is terrifically important. We've got the largest school population we've ever had. We want to have high standards and high accountability. We want to hook all these schools up to the Internet.

But there are schools in New York City that are still being heated with coal -- with coal. The average age of a school building in Philadelphia is 65 years. I was in a small town in Florida, visiting an elementary school where there were 12 -- 12 -- house trailers behind the school, to take the overflow of the students. One-third of our schools are in serious disrepair; a lot of them literally too old to be wired for the Internet. Other kids in trailers that need to be in modern classrooms.

This is a big issue. We've been working on it for three years now. This week, the Department of Education released a state-by-state report, telling us that the need has grown and grown. Enrollment is growing, facilities are crumbling. Every year we fail to act the problem gets worse. I am very frustrated by those who say in the majority in Congress that this is not a national responsibility. That is not true.

I'm not trying to tell people how to build the buildings, I'm not trying to prescribe the -- we're not trying to micromanage this program. But the school districts of this country do not have the money or the means right now to do what our children need. We have finally more people in the schools than we had during the baby boom generation after World War II. And we cannot expect them to learn in facilities that are unbearable -- and, in many cases, unwireable.

So I asked you to work with me. With your help, we actually have now a strong bipartisan school construction bill in the House. And thanks to you, largely, we have both Republicans as well as Democrats supporting this legislation in the Senate and the House. The House bill would allocate $24.8 billion to help communities build or renovate these 6,000 schools.

So now that you've gotten us some good Republican support, we have to get this to a vote. Once it became obvious on the House floor that we actually had Republicans supporting this bill and that we could pass it, then efforts were made to keep it from coming to a vote. So I say to you, there are a lot of people who believe that this year, because it's election year, should be a year where nothing gets done. And I have challenged every member of Congress who believes that to relinquish his or her salary for a year. (Applause.) Because we didn't get to where we are today by taking a year off. You don't get to take a year off, nobody else gets to take a year off, and everybody's drawing a paycheck every two weeks. There is no reason not to continue to move forward.

Believe me, no matter how much progress we make this year, there will still be significant areas of disagreement between our presidential candidates and between the two parties in all the congressional races. So let's show up for the American people and do what we can. There is no reason -- no reason -- not to pass the prescription drug benefit on Medicare and not to pass the school construction bill this year. And you can help us do it. I hope you will. (Applause.)

Now, I would like to close with the point with which I began. First, with a simple thank you; and, second, with a reminder that this year, this election year, imposes on all of us an historic responsibility. We did not get to where we are today -- with 21 million new jobs and the lowest unemployment rate in 30 years, the lowest female unemployment rate in 40 years, the lowest minority unemployment rate ever measured, highest home ownership in history, the lowest welfare rolls in 30 years, lowest poverty rates in 20 years, lowest crime rates in 25 years -- this didn't happen by accident. It happened because we worked together and we had the right ideas and we were moving in the right direction. It happened because we believed in uniting our people and lifting them up, and not in divide and conquer. It happened because we believed you could be pro-business and pro-labor, pro-work and pro-family; you could grow the economy and improve the environment; you could balance the budget and run a surplus and still invest more in education and give tax relief to middle income families.

A study last week said that the percentage of federal income tax coming out of average families' incomes was the lowest in 40 years. That's why we had a unite and lift, not a divide and conquer theory, and because we kept working. And the only concern I have about this election year is that people will say, well, we've got the first surpluses we've had in 40 years back-to-back, things are going well. Why don't we vote for something that makes us feel good in the moment?

And I just want you all to listen to this, particularly those of you that are about my age. In February, we celebrated the fact that we had the longest economic expansion in American history. And so I had all my economic advisors in, and we were sitting around talking about it. And I said, well, when was the last longest economic expansion in history, before this one? You know when it was -- 1961 to 1969.

Now, let me tell you what happened then. In 1964, I graduated from high school, at the peak of this economic expansion. We had low unemployment, low inflation, high growth. Everybody thought the growth would go on forever. We had a civil rights challenge at home, but Lyndon Johnson was President, he'd united the country after President Kennedy's assassination, and people believed that the civil rights challenge would be met in the Congress and the courts, not in the streets. We were sort of involved in Vietnam, but people thought that was a long way away, and nobody dreamed it would divide the country, and people thought that we would win the Cold War because our values and our system were superior, and things would just rock right along.

That's what we thought in 1964. Four years later, in this city, I graduated from college on June the 8th. It was two days after Robert Kennedy had been killed, two months and four days after Martin Luther King was killed -- today is the 32nd anniversary of his death. It was nine weeks after Lyndon Johnson said he couldn't run for president anymore, because the country was divided right down the middle over Vietnam and there were demonstrations everywhere.

It was a few weeks before Richard Nixon was elected President on one of those divide and conquer platforms. And I know a lot of you probably voted for him if you were of voting age -- that age. But let me just remind you of what the message was. The message was, I represent the Silent Majority, which meant that those of us what weren't for him, we were in the loud minority. So there was "us" and there was "them." And then we had all those "us" and "them" elections.

Al Gore and I came along and said, we want to put people first. We want to unite, not divide. But just a few weeks after that election, 1968, boom, the longest economic expansion in American history was over.

What's the point of all that? I'm not trying to get you down. I want you to be up. There's nobody more optimistic than me in this room today. But we need to have a little humility and gratitude for this moment we're in. And we need to understand that these things can get away from us. And we need to be resolved to make the most of this. This is a moment for making tomorrows -- not a moment for being distracted or indulging ourselves, but for making tomorrows.

We have a chance to build a future of our dreams for our children. And the reason I told you that story about the 1960s was not only to remind you that nothing lasts forever and you have to make the most of these things, but to tell you that -- not as your President, but as a citizen -- I have been waiting for 35 years for my country to have this chance. And you can make the most of it.

So in everything you do this year, you remember this little story I told you. And you remember that we have the chance of a lifetime that we should be grateful for. And everyone you talk to, and everyone you touch, and everything you say, remind people: this is our moment for making tomorrows.

Thank you and God bless you. (Applause.)
END 12:48 P.M. EDT




12. REMARKS BY THE PRESIDENT AT BILL SIGNING FOR SENIOR CITIZENS FREEDOM TO WORK ACT OF 2000 -- April 7, 2000
Presidential Hall
Old Executive Office Building
11:00 A.M. EDT

THE PRESIDENT: Thank you. Let me say, first of all, to Flo Mallonee, I thought she did a great job. Her family must be very proud of her. And if you get tired of the job you're in, you might consider elected
office. (Laughter.)

I'd like to welcome all the former Social Security commissioners here, and say a special word of appreciation to our current Commissioner, Ken Apfel, and Deputy Commissioner Bill Halter. I'd also like to acknowledge the contributions of Jim Roosevelt -- until recently, the Associate Commissioner for Retirement Policy at the Social Security Administration, something that would have made his grandfather very proud of him -- and former Representative Barbara Kennelly of Connecticut, who is the current Associate Commissioner for Retirement Policy.

There are many leaders of the aging community here today; I welcome them. But most of all, I want to welcome this very large delegation from the United States Congress, and at risk of -- if I forget anybody, do not be shy. But my notes say that present here today are Chairman Bill Archer; our Minority Whip, David Bonior; Representative Ben Cardin from Maryland; Representative Mack Collins from Georgia, who is here with his granddaughter -- who is happy that her grandfather can continue to work into his later years. (Laughter.) Representative Joe Crowley from New York; Representative Sam Johnson from Texas; Representative Sandy Levin from Michigan; Representative John Lewis from Georgia; Representative Ron Lewis from Kentucky; Representative Bob Matsui from California; Representative Jim Ramstad from Minnesota; our subcommittee chair, Representative Clay Shaw from Florida; Representative John Spratt from South Carolina; Representative Jerry Weller from Illinois.

I don't think I've missed anybody. And you should give them all a big hand, they did a fabulous job, (Applause.)

Over seven years ago now, when I took office, the Vice President and I made a commitment to a 21st century vision of America, with opportunity and responsibility for all American citizens, and a community of all American citizens. To do it we thought we would have to reward both work and family, and create a government that would borrow less and invest more. For seven years, we've worked hard on that.

Today, the size of the government is about what it was in 1960, 40 years ago -- thanks, in large measure, to higher productivity from the federal work force and the advent of new technologies. Thanks to strong cooperative efforts in the Congress, we have turned record deficits into surpluses and we've enjoyed the longest economic expansion in history.

We've tried to find ways to reward work and family, doubling the earned income tax credit for working families with modest means, passing the Family and Medical Leave Act, improving the college loan program and
providing tax credits for college costs that were never there before, and many other initiatives. But we know, increasingly, how we deal with Social Security will be a test of our commitment to family and, increasingly, to
work.

In the 65 years since President Roosevelt signed it into law, Social Security has dramatically transformed the lives of older and disabled Americans. Seniors were once the poorest people in America. Today, thanks to Social Security, they are the least likely to live in poverty. In spite of the fact that many seniors enjoy other sources of income, if there were no Social Security in America, almost half the seniors in the country would be below the poverty line.

Thanks to Social Security, many of our seniors have a level of independence that few older Americans could even have dreamed of 65 years ago. And thanks to Social Security, we Americans continue to uphold the
sacred compact between the generations.

But FDR himself said, and I quote, that "Social Security represents a cornerstone in a structure which is by no means complete," and that "new conditions impose new requirements upon government and those who
conduct government." He would have been the first to agree, I believe, that Social Security must change to keep pace with changing times in America.

The system originally was designed to encourage older Americans to retire by withholding benefits from those 65 and older who worked. Keep in mind, 65 years ago, when Social Security was initiated, the life expectancy in this country was not 65. The so-called retirement earnings test made some sense in the Great Depression, when the nation was desperate to find jobs for young workers with families, and the unemployment rate in
our nation was 25 percent.

Conditions today could hardly be more different. The economic is booming, the unemployment rate at its lowest point in 30 years, companies desperately need more workers. Older Americans have the skills and the
experience that businesses need. Indeed, one of the most interesting things that was said to me today before we started is -- Flo said it's a good thing we did this, because she'd be hard to replace at her present position. (Laughter.)

That's true. Increasingly, older Americans want to work. Many of them for various reasons need to work. And we know, as a practical matter, that unless they're in terrifically physically draining jobs, that continuing to work may well add not only to the length, but to the quality of their lives.

Today, one in four Americans between 65 and 69 has at least a part-time job. Eighty percent of the baby boomers say they intend to keep working past age 65. And I'm the oldest of the baby boomers, so I can
speak for our generation. One of the reasons I went to law school is so nobody could ever force me to retire. (Laughter.) Although, I spent the better part of my life trying to escape law practice -- (laughter) -- I still remember vividly how I felt about it, even as a young man, and I still have some solace in that.

Yet, because of the Social Security retirement earnings test, then system withholds benefits from over 800,000 older working Americans, and discourages countless more -- no one knows how many -- from actually
seeking work. It has longed seemed senseless to me.

In the 1992 campaign, Vice President Gore and I campaigned on scrapping the retirement earnings test. When it became obvious that the work that we had all done together to balance the budget and run a surplus and to stabilize the fund would make it possible to do so with no adverse impact, in my 1999 State of the Union address I proposed it.

But what has happened here is truly astonishing. I hope this will go out all across America today. All you ever hear is how much we fight up here. This bill passed unanimously. Nobody was against this. And it is a tribute to the people who work on these issues in the Congress, and those who have listened to them, but also it shows that there is a keen awareness here of how the aging of America and the improved financial condition of our country and our government has totally changed the landscape.

But I think it also reflects the understanding that this is a genuine human rights issue. We want people to have this right to choose the life they want, or they need. The Senior Citizens Freedom to Work Act means that hundreds of thousands of older working Americans will get checks next month reimbursing them for all the Social Security benefits withheld this year.

Yesterday morning, in Chappaqua, New York, I went to get my morning cup of coffee in my new little village -- (laughter) -- and a lady came up to me and said, you know, I'm a public school teacher, and my district needs me. But I'm 65 years old. Are you guys ever going to get around to lifting that earnings test? And you know, it's terrible, I'm embarrassed to tell you this, but I can hardly keep up with my schedule from one day to the next, and I didn't remember that I was doing that I was doing it the day after tomorrow. I said, in just a few days I think you'll be very happy. (Laughter.) So if you're looking at me today -- (laughter) -- we did it.

This bill not only means that our seniors will be able to enjoy extra income and personal fulfillment that comes with work without being penalized. It means companies with labor shortages will have a fresh supply of experienced workers, increasing our ability to grow without inflation. In the future, it will mean more baby boomers working longer, contributing more to the tax base and to the Social Security trust fund at precisely the time when the percentage of younger workers paying into the system will be dropping.

This is a big deal. If present work rates continue, and present birth rates and present immigration rates continue, when all the baby boomers get in here, there will only be two people working for every one person drawing Social Security. This may also change that, and help to further stabilize the Social Security trust fund itself.

The retirement earnings test means higher benefits for -- ending it means higher benefits for working seniors with no negative effects -- I say this again -- no negative effects on the long-term fiscal health of the Social Security trust fund. So it's the right thing to do for seniors, but it's also a smart thing for our nation.

I'm also pleased today to announce another important innovation to upgrade Social Security for the Information Age. Beginning today, Americans of any age can find out in seconds what their Social Security benefit levels will be in the future. All they have to do is to log on to the Social Security Administration's web site, www.ssa.gov, and click on the new Social Security retirement planner. It provides estimates of future benefits based on your past, present and estimated future income, and a new tool for the growing legion of Americans who are learning to use new technologies to make their own investment decisions and retirement
plans.

Two days ago, at the White House Conference on the New Economy, I discussed with leading experts on technology how government could use the Internet to empower individuals and strengthen civil society. This new
retirement planner is just a small, but powerful example of the kind of innovations that I believe have the potential to transform the relationship between the United States government and the American people.

Let me, finally, just add one cautionary and hopeful note. These steps today are profoundly important, but I believe we should do more to strengthen Social Security. I think we should extend the life of the trust fund well into the middle of this century, while strengthening benefits for older women living alone, who are still much more likely to be in poverty than other seniors.

Last fall, I proposed legislation to pay down our debt for the first time since 1835, and use the benefits of debt reduction, which would now -- if we took the benefits of debt reduction that we're getting because of the surplus in Social Security tax collections now, the benefits are manifested in lower interest payments for the United States on this debt as we pay the debt down. If we took those lower interest payments, that benefit, and we put it into the Social Security trust fund, we could extend the life of the trust fund to 2054, which will be well beyond the life expectancy of all but the most fortunate baby boomers.

I hope we can work with Congress to pass that plan this year. It is a simple measure. Some of us would like to do more. We may not be able to do more in an election year, where there are genuine and honest differences between the two parties and even within the parties about how to proceed on this issue. But at least if we could simply take the interest savings the American people have given us with their Social Security taxes, which are now in surplus over distribution, and pay the interest savings from paying down the debt into the trust fund, think of it -- we'd have 54 years on the life of the Social Security trust fund. So I hope we can do that.

I also hope we can strengthen incentives for working families to save by passing the retirement savings plan that I recommended. And I hope we can expand high-quality pension coverage for millions of workers. I have proposed tax credits for small businesses to establish good pensions for their employees. It's harder for them, and I think we ought to give them more help to do it.

Again, I say, conventional wisdom says that nothing important happens in Washington in an election year. Today we have proved the conventional wisdom wrong. This is an election year; this is important and it happened by unanimous vote of the United States House of Representatives and Senate. So, so much for the conventional wisdom, and good for the seniors in America and those of us who hope to be part of the doubling of the senior population in the next 30 years.

Let me also say, I think it's important to point out that it's not just seniors who should be happy about this -- and I'm glad Flo has got her whole family here. One of the most profound worries of the baby boom generation is that because we are so large, when we retire, if we haven't made adequate provision for it, our retirement will impose a big burden on our children and their ability to raise our grandchildren. So this should be a happy day for Americans of all ages today, because a very good thing has been done for the future.

So I thank you all for being here. I look forward to working with you to further strengthen Social Security, to strengthen Medicare. I hope we can agree to add a prescription drug benefit there. I hope we can reauthorize the Older Americans Act. I hope we can do a lot of other things this year. But the spirit -- again, I want to thank the members of Congress, the Republicans and the Democrats, for the spirit behind this action. This is how America is supposed to work. You have done a good thing today.

Thank you very much. (Applause.)

Now I'd like to invite the members of Congress to come up here for the bill signing. And I'd like to invite the seniors to go over this way and kind of stand behind me, too.

(The bill is signed.) (Applause.)

END 11:15 A.M. EDT

13. REMARKS BY THE PRESIDENT AT DNC LUNCH--April 8, 2000

Private Residence New Orleans, Louis