[Weekly Compilation of Presidential Documents Volume 32, Number 36 (Monday, September 9, 1996)]
[Pages 1593-1596]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Remarks on Beginning a Bus Tour in Cape Girardeau, Missouri

August 30, 1996

    The President. Thank you so much. Ladies and gentlemen, first of all 
I am thrilled to see you here in such large numbers and with such 
enthusiasm. It's good to be in Cape Girardeau. It's not the first time 
I've ever been here, but it's the first time I've ever been here as 
President. And the last time I was here as a private citizen, I just 
stopped and got a Coke and nobody came out to see me. It's pretty nice 
to be here with 30,000 of our best friends. Thank you. Thank you.
    I want to say a word of thanks to some folks who haven't been 
recognized yet, but I used to do this, and they're the people that 
provided our music. They're over there in those hot uniforms: the 
Southeast Missouri State Band, the Cape Girardeau Central High School 
Band, the Jackson High School Band, the Fredericktown High School Band, 
the Farmington High School Band. Thank you for the music. Thank you. You 
were great, and we appreciate you.
    Thank you, Governor Carnahan, for being my friend and being a great 
leader for Missouri, for creating jobs and advancing education and 
moving people from welfare to

[[Page 1594]]

work. I want to say one thing about Mel Carnahan. While there was a lot 
of political rhetoric in Washington about welfare reform, Mel Carnahan 
developed an idea, a plan to help move people from welfare to work. We 
approved it. He's implementing it. And I want you to know there are, in 
addition to 10 million more Americans at work, there are 1.8 million 
Americans fewer on welfare than there were the day I became President, 
thanks in part to the leadership of people like Mel Carnahan.
    Thank you, Emily Firebaugh, for presenting yourself as a candidate 
for Congress, for undergoing the rigors of the campaign, and for 
understanding what is at stake. Ladies and gentlemen, what she said is 
true. And what I said to the convention last night is true. Last year 
there was and this year there has been a competition of balanced budget 
plans. Let me remind you that they always talked about balancing the 
budget, but when I became President, the debt of this country had been 
quadrupled in 12 years. We cut it by 60 percent in 4 years. And you 
would have a surplus today if it weren't for the interest we have to pay 
on the debt run up in the 12 years before I became President.
    And so, I said, ``Here's a balanced budget plan. It has a tax cut to 
pay for education and childrearing. It's targeted to middle class 
families. It invests in education. It invests in the environment. It 
invests in research and technology for the future. It protects Medicaid 
for the elderly in nursing homes or poor children, for families with 
members with disabilities. And it protects Medicare. Take it.''
    They said, ``No. Here's a balanced budget plan. It cuts Medicare too 
much. It cuts Medicaid too much. It divides Medicare into a two-class 
system. It removes the guarantee of Medicaid coverage for people in 
nursing homes, for families with disabilities, and for poor children. It 
cuts education. It cuts the environment. It lets companies raid $15 
billion of their workers' pension funds. And it raises taxes on the 
hardest working, lowest paid working people with children in this 
country. You take that, or we'll shut the Government down.''
    I said no. I said no. But as I said yesterday, I have done my best 
to change the politics of Washington, DC, to make it more like life in 
Cape Girardeau. I am sick and tired of Washington taking up the 
headlines over who's to blame. I think the question is not who's to 
blame; it's what are we going to do to make America a better country and 
to give our children a better future?
    So it's not enough to blame and to say no. We have to say yes. We 
have to have the right kind of balanced budget. That's one of the 
decisions we can make if we had people like Emily Firebaugh in the 
United States Congress. I hope you'll send her up there and give her a 
chance to serve.
    I want to also, if I might, echo something Hillary said. I know that 
we're pretty close to Arkansas here. And if I had doubted it, there's a 
bunch of my friends from northeast Arkansas in this crowd. I thank you 
for coming--all the people who came up from Arkansas that are over here 
to my left.
    We've got some water here. And if anybody passes out in the heat, 
we've also got a bunch of medics here. So just wave your hand; they're 
all looking for you. What did she say?
    Audience member. [Inaudible]
    The President. Thank you. That we have a lot of nurses here. That's 
what they were saying.
    Ladies and gentlemen, I came into Chicago on a train from West 
Virginia to Kentucky, to Ohio, to Michigan, to Indiana, and then into 
Chicago. I did it to say that America is on the right track to the 21st 
century, but I did it to see people like you, the people we've been 
working and fighting for for 4 years. We left Chicago on a bus to get 
back on the roads that we drove in 1992 because Hillary and I and Al and 
Tipper, we want to see the face of America, and we want you to know that 
we're going to build a bridge to the 21st century that all of you can 
walk across with your families, with your children, and with your 
neighbors.
    I want to do every single solitary thing I talked about last night, 
to create more opportunity, to inspire more responsibility in our 
people, and to build a stronger sense of community. I don't want to go 
over all that, but I do want to remind you of a couple of things that we 
are going to do to build that bridge.
    We're going to make 2 years of college as universal in the next 4 
years as a high school

[[Page 1595]]

education is today. We're going to give America's families a tax 
deduction for the cost of college tuition up to $10,000 a year. We're 
going to enlist 30,000 mentors to mobilize an army of 1 million people 
to work with parents to help their children read so that when we get to 
the year 2000, there will not be 40 percent of our third graders unable 
to read on their own. Every third grader in America will be able to read 
a book on his or her own.
    We're going to pass the right kind of tax cut, a tax cut involving a 
credit for $500 for children 13 and under, a tax deduction for the cost 
of college tuition, a $1,500 tax credit for the cost of community 
college, an IRA that families making family incomes up to $100,000 can 
take out every year and then withdraw tax-free to pay for health 
insurance, a first-time home, or the cost of a college education. This 
is the right sort of tax program for America.
    And we're going to say to middle income families, we're going to 
help you get in your home. We've got the highest rate of home ownership 
in 15 years. We've got the highest rate of minority home ownership in 
the history of America. We're going to take it in the next 4 years over 
two-thirds of the American people will be in their own homes. And we 
want to say when you sell that home and move into another one, if we 
have our way you will never owe any taxes on the gain you have when your 
home goes up again for that.
    But folks, these tax cuts are paid for line by line, dime by dime. 
We've still got to balance the budget. That's why our friends and our 
opponents' tax plan, which is 5 times bigger and sounds sweeter, it's 
just flat wrong because it will require us to make even bigger cuts in 
Medicare, Medicaid, education, and the environment than the budget I 
vetoed. You don't want that, do you?
    Audience members. No-o-o!
    The President. And when they get through with that, they still won't 
have balanced the budget, so they'll blow a hole in the deficit. Now, 
that's boring compared to a check in your pocket. But let me ask it to 
you this way: Would you go to the bank in Cape Girardeau and borrow 
money to give yourself a tax cut?
    Audience members. No-o-o!
    The President. Well, why would you hire somebody to do it for you? 
Now, you think about it. What happens is if you borrow the money to give 
yourself a tax cut, everybody else is borrowing money, you're going to 
drive interest rates up; your car payment, your credit card payment, 
your home mortgage payment will be higher.
    Last year our Republican friends said it would be higher by 2 
percent. That means they'll take your tax cut away, weaken the economy 
and, most important, it will be harder for business people here and 
throughout the country to borrow money, to expand their businesses, to 
start new businesses, to hire new people, to raise their wages. Let's 
have the right kind of tax cut, balance the budget, keep the interest 
rates down, keep the economy of Missouri and the United States of 
America going. That is the right thing to do.
    We're going to prove you can protect the environment and grow the 
economy. There are 10 million kids living within 4 miles of a toxic 
waste dump. If you vote for us, we're going to clean up two-thirds of 
them in the next 4 years and make our kids grow up next to parks, not 
poison. That's the right thing to do for America's children.
    We're going to build on our efforts to strengthen America's families 
and to help people succeed at work and at home. In all the crowds that I 
have been before over the last 4 years, when real Americans, ordinary 
Americans, hard-working Americans, the backbone of this country come 
out, I look and talk to people, and I don't ever meet a family that 
hasn't had some point in their lives where there's been a real challenge 
between the duty to raise their children well and their obligations at 
work.
    That's why we passed the family and medical leave law and gave 12 
million Americans a chance to take some time off for a baby's birth or a 
parent's sickness without losing their jobs. And that's why we want to 
expand the family and medical leave law, so people can take a little 
time off to go to those parent-teacher conferences and the regular 
doctor's appointment with their kids. And we think there ought to be 
flextime rules so that if you earn overtime, depending on what's best 
for your family, you get to decide whether

[[Page 1596]]

to take the overtime in money or extra time off if your children need 
it. That's the kind of America we're trying to build, stronger families 
for a brighter future working together.
    Will you help us build that bridge to the 21st century?
    Audience members. Yes!
    The President. Will you say that in America, if you believe in the 
Constitution, the Bill of Rights, the Declaration of Independence, if 
you're willing to work hard and play by the rules, we don't care what 
your race is, what your gender is, what your income is, where you're 
from or where you started, you're all going across that bridge together 
with us, we're going arm in arm, together and strong? Can we do that? 
Will you help us for 68 days, all the way to November?
    Audience members. Yes!
    The President. Thank you, and God bless you all. Thank you.

Note: The President spoke at 2:57 p.m. at Capaha Park. This item was not 
received in time for publication in the appropriate issue.