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Quote of the Day: Not class warfare to ask rich to pay more

President Bill Clinton: "When we deal with the long-term debt reduction problem, which we have to do, we will have to have three things: Spending reductions, ta
Former President Bill Clinton talks with Joe Scarborough and Mika Brzezinski during the Clinton Global Initiative in Manhattan.
Former President Bill Clinton talks with Joe Scarborough and Mika Brzezinski during the Clinton Global Initiative in Manhattan.

President Bill Clinton: "When we deal with the long-term debt reduction problem, which we have to do, we will have to have three things: Spending reductions, tax increases, and more growth. I don’t think it’s class warfare to ask me and people in our high-income group to pay more simply because we got the lion’s share of the benefits of income growth and tax cuts in the previous decade. And they’re talking about returning us to where we were the day I left office. I don’t think that’s a bad thing."