{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='USA: BILL CLINTON TAX BILL SPEECH' data-url='/boclips/videos/5c54c2f7d8eafeecae15db2b' data-video-url='/boclips/videos/5c54c2f7d8eafeecae15db2b' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nUSA: BILL CLINTON TAX BILL SPEECH\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\u0026amp;search_tab_id=1\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eEnglish/Nat President Bill Clinton has made good on his threat to veto the Republican tax cut plan but he's also signalled that there's room for compromise.Speaking at the White House on Thursday, President Clinton called the tax bill...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eEnglish/Nat \u003cbr/\u003ePresident Bill Clinton has made good on his threat to veto the Republican tax cut plan but he's also signalled that there's room for compromise.\u003cbr/\u003eSpeaking at the White House on Thursday, President Clinton called the tax bill wrong for Medicare, wrong for education and wrong for the economy. \u003cbr/\u003eThursday's veto of the tax bill didn't surprise many in Washington.\u003cbr/\u003eU-S President Bill Clinton had on several occasions threatened to veto the tax bill that he described as too much of a burden.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"The tax bill is too big, too bloated, places to great a burden on America's economy. It would force drastic cuts in education, health care and other vital areas.  It would cripple our ability to pay down the debt. It would not add a day to the Social Security trust fund, it would not add a day to the Medicare trust fund or modernize Medicare with prescription drug coverage.  Nearly a trillion dollars in tax cuts not one dollar for Medicare.\" \u003cbr/\u003eSUPER CAPTION: Bill Clinton, U-S President\u003cbr/\u003eThe U-S President wanted to steer more federal money into those priorities - particularly in overhauling Medicare to add a prescription drug benefit.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"I will veto this bill because it is wrong for Medicare, wrong for Social Security, wrong for education and wrong for the economy.\"\u003cbr/\u003eSUPER CAPTION: Bill Clinton, U-S President\u003cbr/\u003eClinton was not completely shutting the door on working with Congress to get a compromise deal worked out.\u003cbr/\u003eWhile Clinton said he didn't expect Republican lawmakers to agree with him on every detail, he insisted they could work together in good faith to meet long-term objectives.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"Many in Congress seem ready to throw in the towel, that would be a disservice to the American people.  They sent us all here to get things done, and we have proved in the past with the Welfare Reform Bill of 1996 and the Balanced Budget Act of 1997 that we can work together to get things done and bring results to our country.  So instead I ask Congress not to go home until we have worked together once again,  in a good faith effort to meet the long term challenges our people face.\"\u003cbr/\u003eSUPER CAPTION: Bill Clinton, U-S President\u003cbr/\u003eReaction from Capitol Hill came swiftly.\u003cbr/\u003eRepublican leaders blasted the President as taking the tax cut from the American people.\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"It is a good bill and I regret the President has stolen this tax cut from working American families but we will be back because the tax code is too high and because it is unfair it is complex we made the effort this year the President took that tax cut away.\"  \u003cbr/\u003eSUPER CAPTION: Trent Lott, Senate Majority Leader\u003cbr/\u003eSOUNDBITE: (English)\u003cbr/\u003e\"I tell you this congress is not going to throw in the towel on tax relief for the American people, we will have another tax bill in this congress, now I'm not sure when it may be later and not sooner, but we will not give up on tax relief for the American people.\u003cbr/\u003eSUPER CAPTION: Dennis Hastert, House Speaker\u003cbr/\u003eDuring his speech, President Clinton also warned Republicans in Congress against using the surplus funds in Social Security to pay for some of the domestic programs.\u003cbr/\u003eCongress is about to hit a budget deadline, with the next fiscal year beginning October 1, 1999, but only four of the 13 necessary spending bills have been approved.\u003cbr/\u003eWashington, DC, USA - September 23, 1999 \u003cbr/\u003e1. Walk in view of President Bill Clinton\u003cbr/\u003e2. Wide view Clinton speaking\u003cbr/\u003e3. Cutaway audience\u003cbr/\u003e4. SOUNDBITE: (English) Bill Clinton, U-S President\u003cbr/\u003e5. Cutaway audience\u003cbr/\u003e6. SOUNDBITE: (English) Bill Clinton, U-S President\u003cbr/\u003e7. Cutaway\u003cbr/\u003e8. SOUNDBITE: (English) Bill Clinton, U-S President\u003cbr/\u003e9. Pan from bill to Clinton\u003cbr/\u003e10. Side view Clinton walking to table and signing bill\u003cbr/\u003e11. Close-up Clinton signing\u003cbr/\u003e12. Pan view of Senate Majority leader Trent Lott and House Speaker Dennis Hastert\u003cbr/\u003e13. SOUNDBITE: (English) Trent Lott, Senate Majority leader, Republican Mississippi\u003cbr/\u003e14. SOUNDBITE: (English)  Dennis Hastert, House Speaker, Republican, Illinois\u003cbr/\u003e15. 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