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HEADLINE: On radio, Clinton lauds his administration's final budget accord
BYLINE: By JESSE J. HOLLAND, Associated Press Writer
DATELINE: WASHINGTON
BODY:
President Clinton on Saturday called the final budget deal of his administration a spending plan that puts people first
and lauded the bipartisan effort that Congress put into the document.
"By reaching out and working together, our best days still lie ahead," Clinton said in his weekly radio address. "This
budget proves it."
The Senate and House voted Friday to approve a final package of spending exceeding $450 billion for hiring
teachers, health research, Medicare and other programs. Also included were provisions to help about 1 million
immigrants who want to remain in the United States, and a $25.8 billion, 10-year mix of tax cuts aimed at creating jobs,
spurring investment and cleaning up dozens of poor communities.
Clinton said he will sign the package soon. "If we continue to invest in our people and create opportunities for them, if
we continue to honor and reward work, our possibilities are truly without limit," he said.
The president described several parts of the budget deal in his address, including the extension of the Medicaid
package and the increase in education funding. "With over $900 million dedicated, for the very first time, to school
renovation, thousands of local school districts finally will be able to give our children the classrooms they deserve," he
said.
Part of the budget package also will create a "New Markets" tax credit for investments in entities involved in
development in low-income areas. About $8 billion in investments would be eligible for the credit over the next seven
years.
"From the streets of our central cities, to the hills of Appalachia, to the rugged vistas of our Native American
reservations, to the Mississippi Delta, we are giving people the tools of opportunity to make the most of their potential,"
Clinton said.
He also announced that 28 states will receive $200 million in grants helping people get off welfare, find jobs and keep
them. "I urge states to use these resources to provide the necessary support - from child care to transportation to training
- that can make a critical difference between welfare checks and pay checks," he said.
LOAD-DATE: December 17, 2000
The Associated Press
The materials in the AP file were compiled by The Associated Press. These materials may not be republished without
the express written consent of The Associated Press.
December 16, 2000, Saturday, BC cycle
SECTION: Washington Dateline
LENGTH: 580 words
HEADLINE: President praises budget deal, rewards states for welfare progress
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"ocrText": "HEADLINE: On radio, Clinton lauds his administration's final budget accord\nBYLINE: By JESSE J. HOLLAND, Associated Press Writer\nDATELINE: WASHINGTON\nBODY:\nPresident Clinton on Saturday called the final budget deal of his administration a spending plan that puts people first\nand lauded the bipartisan effort that Congress put into the document.\n\"By reaching out and working together, our best days still lie ahead,\" Clinton said in his weekly radio address. \"This\nbudget proves it.\"\nThe Senate and House voted Friday to approve a final package of spending exceeding $450 billion for hiring\nteachers, health research, Medicare and other programs. Also included were provisions to help about 1 million\nimmigrants who want to remain in the United States, and a $25.8 billion, 10-year mix of tax cuts aimed at creating jobs,\nspurring investment and cleaning up dozens of poor communities.\nClinton said he will sign the package soon. \"If we continue to invest in our people and create opportunities for them, if\nwe continue to honor and reward work, our possibilities are truly without limit,\" he said.\nThe president described several parts of the budget deal in his address, including the extension of the Medicaid\npackage and the increase in education funding. \"With over $900 million dedicated, for the very first time, to school\nrenovation, thousands of local school districts finally will be able to give our children the classrooms they deserve,\" he\nsaid.\nPart of the budget package also will create a \"New Markets\" tax credit for investments in entities involved in\ndevelopment in low-income areas. About $8 billion in investments would be eligible for the credit over the next seven\nyears.\n\"From the streets of our central cities, to the hills of Appalachia, to the rugged vistas of our Native American\nreservations, to the Mississippi Delta, we are giving people the tools of opportunity to make the most of their potential,\"\nClinton said.\nHe also announced that 28 states will receive $200 million in grants helping people get off welfare, find jobs and keep\nthem. \"I urge states to use these resources to provide the necessary support - from child care to transportation to training\n- that can make a critical difference between welfare checks and pay checks,\" he said.\nLOAD-DATE: December 17, 2000\nThe Associated Press\nThe materials in the AP file were compiled by The Associated Press. These materials may not be republished without\nthe express written consent of The Associated Press.\nDecember 16, 2000, Saturday, BC cycle\nSECTION: Washington Dateline\nLENGTH: 580 words\nHEADLINE: President praises budget deal, rewards states for welfare progress"
}