“I had hoped to invest in your future by creating jobs, expanding education, reforming healthcare and reducing the debt without asking more of you. And I’ve worked harder than I’ve ever worked in my life to meet that goal. But I can’t, because the deficit has increased so much, beyond my earlier estimates and beyond even the worst official government estimates from last year.”
— President Bill Clinton, Feb. 15, 1993 [Video clip]
“I believe that we should be able to make sure that we don’t burden middle class families further. Having said that, I am also going to wait for the fiscal commission to provide me what their best recommendations are.”
— President Barack Obama, April 21, 2010 [Video clip]