    [Public Papers of the Presidents of the United States: William J. Clinton (1993, Book I)]
    [March 8, 1993]
    [Page 255]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Exchange With Reporters Prior to a Meeting With the Congressional Black
    Caucus
    March 8, 1993

    Spending Cuts

        Q. Mr. President, do you agree to the extra $50 billion in cuts that
    the House and Senate leaders want?
        The President. I agree that we will have a budget resolution which
    will be roughly conforming to the reestimates of the CBO in general
    terms and that will still contain the investment strategy that I want to
    pursue.

    Note: The exchange began at 5:11 p.m. in the Roosevelt Room at the White
    House.