    [Public Papers of the Presidents of the United States: William J. Clinton (1993, Book I)]
    [May 12, 1993]
    [Pages 637-638]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Exchange With Reporters Following the Small Business Person Award
    Ceremony
    May 12, 1993

    Bosnia

        Q. Mr. President, have you changed your views on the arms embargo at
    all?
        The President. No.
        Q. Does the fighting----
        The President. I haven't changed my views. I just don't know if I've
    changed anybody else's, but I haven't changed my views.

    Associate Attorney General Nominee

        Q. Do you still back Webb Hubbell's nomination?
        The President. Of course. Why wouldn't I?
        Q. What about the Republican calls for him to resign?
        The President. A little inconsistency in their position. Look how
    they voted on a lot of other people.
        Q. Such as who?

    [[Page 638]]

    Deficit Reduction

        Q. Mr. President, why do you feel you have to make this guarantee on
    deficit reduction?
        The President. I just think it will help to reinforce the commitment
    that we already have: no taxes without spending cuts; all the taxes go
    to the deficit. I think that's what we ought to do. That's the way we
    set it up. Now we'll just put it into the law. It will be even better.
        Q. What effects do you think it will have on Congress?
        The President. It's consistent with what I did as the Governor at
    home, too. When I raised money at home for education, we put it into
    education, and it can only be spent on that.
        Q. Is it a compromise?
        The President. Gosh, no. It makes it better. I mean, I don't know
    who--compromise--I don't know if anybody's against it. But I think it's
    the right thing to do.

    Note: The exchange began at 11:40 a.m. in the Rose Garden at the White
    House. A tape was not available for verification of the content of this
    exchange.