[Weekly Compilation of Presidential Documents Volume 29, Number 10 (Monday, March 15, 1993)]
[Page 378]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Exchange With Reporters Prior to a Meeting With the Congressional Black 
Caucus

 March 8, 1993

Spending Cuts

    Q. Mr. President, do you agree with 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 wanted 
to do.

Note: The exchange began at 5:11 p.m. in the Roosevelt Room at the White 
House. A tape was not available for verification of the content of this 
exchange.