If we’re going to have long-term debt reduction,...

"If we’re going to have long-term debt reduction, we’re going to have to have some spending cuts and some more revenues and that’s the fairest place to get it [the rich]. What the Republicans are trying to do is to put him [Barack Obama] in a position of giving all that up for another year, which I think would be a big mistake."

— Bill Clinton, regarding extending the Bush-era tax cuts