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President Bill Clinton Says That Extending 'All The Tax Cuts Due To Expire At The End Of The Year' Is 'Probably The Best Thing We Can Do Right Now'

 

CLINTON: 'They Will Have To Extend… All Of It Now'

"Former President Bill Clinton broke sharply with President Obama over the Bush-era tax cuts, calling on Congress to renew them temporarily in the face of ongoing economic malaise. "That's probably the best thing to do right now," Clinton said Tuesday in an interview with CNBC." ("Clinton Pleads Ignorance In Campaign Flap," Politico, 6/5/12)

"…Clinton told CNBC Tuesday that the US economy already is in a recession and urged Congress to extend all the tax cuts due to expire at the end of the year." ("US Already In 'Recession,' Extend Tax Cuts: Bill Clinton," CNBC, 6/5/12)

PRESIDENT BILL CLINTON: "I think what it means is they will have to extend… have to put everything off until early next year. That's probably the best thing to do right now… I don't have any problem with extending all of it now." (CNBC's "Closing Bell," 6/5/12)

  • CLINTON: "What I think we need to do is to find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now, and then deal with what's necessary in the long-term debt reduction plans as soon as they can…" (CNBC's "Closing Bell," 6/5/12)

 

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