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00:02:282 min.
Lehrer, Jim - Anchor

Good evening. Welcome to this third and final debate among the three major candidates for president of the US. Governor Bill Clinton, the Democratic...

00:04:571 min.
Clinton, Bill - Governor, [D] Arkansas

No. There are many people who believe that the only way we can get this country turned around is to tax the middle class more and punish them more,...

00:06:483 sec.
Lehrer, Jim - Anchor

Mr. President, a response.

00:06:513 sec.
Bush, George H. W. - President, [R] United States

Do I have 1 minute? Just the ground rules here.

00:06:544 sec.
Lehrer, Jim - Anchor

Roughly 1 minute. We can loosen that up a little bit but go ahead.

00:06:581 min.
Bush, George H. W. - President, [R] United States

Well, he doesn't like trickle down government but I think he's talking about the Reagan-Bush years where we created 15 million jobs. The rich are paying...

00:08:165 sec.
Lehrer, Jim - Anchor

Mr. Perot, what do you think of the governor's approach, what he just laid out?

00:08:211 min.
Perot, H. "Ross" - Founder

The basic problem with it, it doesn't balance the budget. If you forecast it out, we still have a significant deficit under each of their plans, as...

00:09:3227 sec.
Lehrer, Jim - Anchor

Governor, the word "pain" -- one of the other leadership things that's put on you is that you don't speak of pain, that you speak of all things -- nobody's...

00:09:591 min.
Clinton, Bill - Governor, [D] Arkansas

I disagree with both of them. For one thing, let me just follow up here. I disagree with Mr. Perot that the answer is to raise -- put a 50-cent gas...

00:11:2611 sec.
Lehrer, Jim - Anchor

As a practical matter, Mr. President, do you agree with the governor when he says that the middle class, the taxes on the middle class -- do your numbers...

00:11:3753 sec.
Bush, George H. W. - President, [R] United States

I think everybody's paying too much taxes. He refers to one tax increase. Let me remind you it was a Democratic tax increase, and I didn't want to do...

00:12:3012 sec.
Lehrer, Jim - Anchor

Mr. President, when you said just then that you admit your mistakes and you looked at Governor Clinton and said -- what mistake is it that you want...

00:12:4256 sec.
Bush, George H. W. - President, [R] United States

Well, the record in Arkansas. I mean, look at it, and that's what we're asking America to have? Now look, he says Arkansas's a poor state. They are....

00:13:381 sec.
Lehrer, Jim - Anchor

Governor, is that true?

00:13:397 sec.
Clinton, Bill - Governor, [D] Arkansas

Mr. Bush's Bureau of Labor Statistics says that Arkansas ranks first in the country in the growth of new jobs this year, first.

00:13:461 sec.
Bush, George H. W. - President, [R] United States

This year.

00:13:4735 sec.
Clinton, Bill - Governor, [D] Arkansas

4th in manufacturing jobs, 4th in the reduction of poverty, 4th in income increase. Over the last 10 years we've created manufacturing jobs much more...

00:14:227 sec.
Lehrer, Jim - Anchor

Mr. Perot, if you were sitting at home now and just heard this exchange about Arkansas, who would you believe?

00:14:2925 sec.
Perot, H. "Ross" - Founder

I grew up 5 blocks from Arkansas. Let's put it in perspective. It's a beautiful state. It's a fairly rural state. It has a population less than Chicago...

00:14:542 sec.
Lehrer, Jim - Anchor

Why is that a mistake?

00:14:569 sec.
Perot, H. "Ross" - Founder

It's irrelevant.

(Laughter)

00:15:053 sec.
Lehrer, Jim - Anchor

What he did as governor of Arkansas is irrelevant?

00:15:0819 sec.
Perot, H. "Ross" - Founder

No, no, no, but I could say, you know, that I ran a small grocery store on the corner, therefore I extrapolate that into the fact that I can run Wal-Mart....

00:15:271 sec.
Lehrer, Jim - Anchor

Governor?

00:15:2846 sec.
Clinton, Bill - Governor, [D] Arkansas

Mr. Perot, with all respect, I think it is highly relevant, and I think that a 4-billion budget of state and federal funds is not all that small, and...

00:16:141 sec.
Perot, H. "Ross" - Founder

It's not --

00:16:1512 sec.
Clinton, Bill - Governor, [D] Arkansas

And the people who have jobs --

(APPLAUSE)

The people who have jobs and educations and opportunities that didn't have them 10 years ago...

00:16:272 sec.
Bush, George H. W. - President, [R] United States

I don't have a dog in this fight, but I'd like to get in on this.

00:16:293 sec.
Clinton, Bill - Governor, [D] Arkansas

Well, you think it's relevant.

(Laughter)

00:16:321 min.
Bush, George H. W. - President, [R] United States

Governor Clinton has to operate under a balanced budget amendment -- he has to do it, that is the law. I'd like to see a balanced budget amendment for...

00:17:4629 sec.
Lehrer, Jim - Anchor

Mr. President, let's move to some of the leadership concerns that have been voiced about you. And they relate to something you said in your closing...

00:18:151 min.
Bush, George H. W. - President, [R] United States

Jim, I don't think that's a fair shot. I hear it -- I hear it echoed by political opponents. But I don't think it's fair. I think we've been fighting...

00:19:2610 sec.
Lehrer, Jim - Anchor

Well, it's just that -- you've spoken to it. I mean, but the idea, not so much in specifics, but that it has to be a crisis before it gets your attention.

00:19:365 sec.
Bush, George H. W. - President, [R] United States

I don't think that's true at all. I don't think that's true, but you know, let others fire away on it.

00:19:413 sec.
Lehrer, Jim - Anchor

Do you think that's true, Mr. Perot?

00:19:443 sec.
Perot, H. "Ross" - Founder

I'd like to just talk about issues, and so --

00:19:472 sec.
Lehrer, Jim - Anchor

You don't think this is an issue?

00:19:4912 sec.
Perot, H. "Ross" - Founder

Well, no, but the point is that's a subjective thing. See, the subjective thing is when does President Bush react? And it would be very difficult for...

00:20:0130 sec.
Lehrer, Jim - Anchor

Well, then, let's phrase -- I'll phrase it differently, then. He said the other night in his closing words in Richmond that one of the key things that...

00:20:312 sec.
Perot, H. "Ross" - Founder

I thought you'd forgotten I was here.

00:20:337 sec.
Lehrer, Jim - Anchor

No, no, no, no, no.

(Laughter)

But my question to you is, so -- if you have nothing to say about it, fine, I'll go to Governor Clinton,...

00:20:407 sec.
Perot, H. "Ross" - Founder

I will let the American people decide that. I would rather not critique the 2 candidates.

00:20:472 sec.
Lehrer, Jim - Anchor

All right. Governor, what do you think?

00:20:4957 sec.
Clinton, Bill - Governor, [D] Arkansas

The only thing I would say about that is, I think that on the economy, Mr. Bush said for a long time there was no recession, and then said it would...

00:21:461 sec.
Lehrer, Jim - Anchor

Mr. President?

00:21:471 min.
Bush, George H. W. - President, [R] United States

Well, I think you're overlooking that we have had major accomplishments in the first term. But if you're talking about protecting the taxpayer against...

00:23:2546 sec.
Lehrer, Jim - Anchor

I have to -- we have to talk about Ross Perot now or he'll get me, I'm sure. Mr. Perot, on this issue that I have raised at the very beginning and we've...

00:24:113 min.
Perot, H. "Ross" - Founder

I think the General Motors thing is very relevant. I did everything I could to get General Motors to face its problems in the mid-'80s while it was...

00:27:219 sec.
Lehrer, Jim - Anchor

Governor, do you have a response to the staying- the-course question about Mr. Perot?

00:27:301 min.
Clinton, Bill - Governor, [D] Arkansas

I don't have any criticism of Mr. Perot. I think what I'd like to talk about a minute, since you're asking the question, is the General Motors issue....

00:28:472 sec.
Lehrer, Jim - Anchor

Mr. President, do you have a response?

00:28:491 sec.
Bush, George H. W. - President, [R] United States

To this?

00:28:501 sec.
Lehrer, Jim - Anchor

Yes.

00:28:511 min.
Bush, George H. W. - President, [R] United States

Well, I wondered, when Governor Clinton was talking to the auto workers, whether he talked about his and Senator Gore's favoring CAFE standards, fuel...

00:30:055 sec.
Lehrer, Jim - Anchor

Governor, what about that charge? Do you want it both ways on this issue?

00:30:101 min.
Clinton, Bill - Governor, [D] Arkansas

Let's just talk about the CAFE standards -- that's the fuel efficiency standards. They are now 27.5 miles per gallon per automobile fleet. I never said...

00:31:189 sec.
Lehrer, Jim - Anchor

Mr. Perot, based on your experience at General Motors, where do you come down on this? This has been thrown about, back and forth, during this campaign...

00:31:271 min.
Perot, H. "Ross" - Founder

Well, everybody's nibbling around the edges. Let's go to the center of the bull's-eye, the core problem. And believe me, everybody on the factory floor...

00:33:1511 sec.
Lehrer, Jim - Anchor

Just for the record, though, Mr. Perot, I take it, then, from your answer, you do not have a position on whether or not enforcing the CAFE standards...

00:33:266 sec.
Perot, H. "Ross" - Founder

Oh, no, it will cost jobs, but that's not -- let me say this. I'd rather, if you gave me 2 bad choices --

00:33:321 sec.
Lehrer, Jim - Anchor

Okay.

00:33:335 sec.
Perot, H. "Ross" - Founder

I'd rather have some jobs left here than just see everything head south, see?

00:33:384 sec.
Lehrer, Jim - Anchor

So that means -- in other words, you agree with President Bush; is that right?

00:33:4231 sec.
Perot, H. "Ross" - Founder

No, I'm saying our principal need now is to stabilize the tax base, which is the job base, and create a growing, dynamic base. Now please, folks, if...

00:34:133 sec.
Lehrer, Jim - Anchor

Yes, sir.

00:34:161 min.
Bush, George H. W. - President, [R] United States

I'm caught in the middle on NAFTA. Ross says, with great conviction, he opposes the North American Free Trade Agreement. I am for the North American...

00:35:275 sec.
Lehrer, Jim - Anchor

Governor, quick answer on trade and I want to go on to something else.

(APPLAUSE)

00:35:321 min.
Clinton, Bill - Governor, [D] Arkansas

I'd like to respond to that. You know, Mr. Bush was very grateful when I was among the Democrats who said he ought to have the authority to negotiate...

00:36:537 sec.
Lehrer, Jim - Anchor

We've got about 4 --

00:37:0040 sec.
Bush, George H. W. - President, [R] United States

I think he made my case. On the one hand, it's a good deal but on the other hand I'd make it better. You can't do that as president. You can't do it...

00:37:407 sec.
Lehrer, Jim - Anchor

The governor --

(APPLAUSE)

00:37:4717 sec.
Clinton, Bill - Governor, [D] Arkansas

That's what's wrong with Mr. Bush. His whole deal is you've gotta be for it or against it, you can't make it better. I believe we can be better. I think...

00:38:0418 sec.
Clinton, Bill - Governor, [D] Arkansas

I want think they want somebody with common sense who can do what's best for the American people. And I'd be happy to discuss these other issues, but...

00:38:222 sec.
Bush, George H. W. - President, [R] United States

But I've always said trickle-down government is bad.

00:38:2418 sec.
Clinton, Bill - Governor, [D] Arkansas

I could run this string out a long time, but remember this, Jim. Those 209 Americans last Thursday night in Richmond told us they wanted us to stop...

00:38:426 sec.
Lehrer, Jim - Anchor

Mr. Perot.

00:38:482 sec.
Perot, H. "Ross" - Founder

Is there an equal time rule tonight?

00:38:501 sec.
Bush, George H. W. - President, [R] United States

Yes.

00:38:518 sec.
Perot, H. "Ross" - Founder

Or do you just keep lunging in at will? I thought we were going to have equal time, but maybe I just have to interrupt the other 2. Is that the way...

00:38:594 sec.
Lehrer, Jim - Anchor

No, it's -- Mr. Perot, you're doing fine. Go ahead. Whatever you want to say, say it.

00:39:034 sec.
Perot, H. "Ross" - Founder

Now that we've talked all around the problem about free trade, let's go again to the center of the bull's- eye.

00:39:074 sec.
Lehrer, Jim - Anchor

Wait a minute. I was going to ask -- I thought you wanted to respond to what we're talking about.

00:39:111 sec.
Perot, H. "Ross" - Founder

I do, I do.

00:39:121 sec.
Lehrer, Jim - Anchor

All right.

00:39:131 min.
Perot, H. "Ross" - Founder

I just want to make -- foreign lobbyists, this whole thing. Our country has sold out to foreign lobbyists. We don't have free trade. Both parties have...

00:40:3711 sec.
Lehrer, Jim - Anchor

Mr. President, how do you respond to that? Mr. Perot's made that charge several times. The fact that you have people working in your campaign who are...

00:40:4839 sec.
Bush, George H. W. - President, [R] United States

Most people that are lobbying are lobbying the Congress. And I don't think there's anything wrong with an honest person who happens to represent an...

00:41:274 sec.
Perot, H. "Ross" - Founder

And as soon as I found it out, he went out the door.

(Laughter)

00:41:3124 sec.
Bush, George H. W. - President, [R] United States

Well --

(APPLAUSE)

But I don't -- I think you got to look at the integrity and the honor of the people that are being lobbied and those...

00:41:551 min.
Perot, H. "Ross" - Founder

One quick relevant specific. We're getting ready to dismantle the airlines industry in our country, and none of you know it. And I doubt in all candor...

00:43:122 sec.
Clinton, Bill - Governor, [D] Arkansas

Jim.

00:43:148 sec.
Lehrer, Jim - Anchor

Governor, I'm sorry, but that concludes my time with -- well, you...

00:43:221 sec.
Clinton, Bill - Governor, [D] Arkansas

Why, I had a great response to that.

00:43:232 sec.
Lehrer, Jim - Anchor

All right, go ahead, quick, quickly.

00:43:2555 sec.
Clinton, Bill - Governor, [D] Arkansas

Just very briefly. I think Ross is right and that we do need some more restrictions on lobbyists. We ought to make them disclose the people they've...

00:44:204 sec.
Lehrer, Jim - Anchor

I'm going to be in real trouble if I don't bring out -- it's now time...

00:44:243 sec.
Bush, George H. W. - President, [R] United States

I promise it's less than 10 seconds.

00:44:271 sec.
Lehrer, Jim - Anchor

OK.

00:44:2816 sec.
Bush, George H. W. - President, [R] United States

I heard Gov Clinton congratulate us on 1 thing -- first time he said something pleasant about this administration. Productivity in this country is up,...

00:44:441 sec.
Lehrer, Jim - Anchor

Now we're going to move to the 2nd half...

00:44:453 sec.
Perot, H. "Ross" - Founder

Now give me 1 second...

00:44:48
Lehrer, Jim - Anchor

We're going to move to the...

00:44:4830 sec.
Perot, H. "Ross" - Founder

I've volunteered. Now, look, I'm just kind of a, you know, cur dog here; I was put on the ballot by the people, not special interests. So I have to...

00:45:182 sec.
Lehrer, Jim - Anchor

All right, I want to bring in...

00:45:205 sec.
Perot, H. "Ross" - Founder

But if they do -- if they do, it's easy to fix. If you all want the enterprise zones, why don't we pass the dang thing and do it, right?

00:45:2514 sec.
Lehrer, Jim - Anchor

All right. Now we're going to bring in 3 other journalists to ask questions. They are Susan Rook of CNN, Gene Gibbons of Reuters and Helen Thomas of...

00:45:397 sec.
Bush, George H. W. - President, [R] United States

Uh-uh. Uh-uh.

(APPLAUSE)

00:45:468 sec.
Lehrer, Jim - Anchor

OK we're going to continue on the subject of leadership and the first question goes to Gov Clinton for a 2-minute answer. It will be asked by Helen...

00:45:5416 sec.
Thomas, Helen - Bureau Chief

Governor Clinton, your credibility has come into question because of your different responses on the Vietnam draft. If you had it to do over again,...

00:46:101 min.
Clinton, Bill - Governor, [D] Arkansas

If I had it to do over again I might answer the questions a little better. You know, I'd been in public life a long time and no one had ever questioned...

00:47:1812 sec.
Lehrer, Jim - Anchor

A reminder now. We're back on the St. Louis rules, which means that the governor had his answer and then each of you will have 1 minute to respond....

00:47:301 min.
Bush, George H. W. - President, [R] United States

Well, I've expressed my heartfelt difference with Governor Clinton on organizing demonstrations while in a foreign land against your country, when young...

00:48:331 sec.
Lehrer, Jim - Anchor

Your minute is up, sir.

00:48:341 sec.
Bush, George H. W. - President, [R] United States

Yes, sir.

00:48:352 sec.
Lehrer, Jim - Anchor

Mr. Perot, 1 minute.

00:48:3736 sec.
Perot, H. "Ross" - Founder

I've spent my whole adult life very close to the military. I feel very strongly about the people who go into battle for our country. I appreciate their...

00:49:134 sec.
Lehrer, Jim - Anchor

All right. The next question goes to President Bush and Gene Gibbons will ask it. Gene.

(APPLAUSE)

00:49:1730 sec.
Gibbons, Gene - Correspondent

Mr. President, you keep saying that you made a mistake in agreeing to a tax increase to get the 1990 budget deal with Congress. But if you hadn't gotten...

00:49:471 min.
Bush, George H. W. - President, [R] United States

I wouldn't have taken any of the alternatives. I believe that -- I believe I made a mistake. I did it for the very reasons you say. There was one good...

00:51:066 sec.
Lehrer, Jim - Anchor

Mr. Perot, 1 minute.

00:51:121 min.
Perot, H. "Ross" - Founder

101 in leadership is be accountable for what you do. Let's go back to the tax and budget summit briefly. Nobody ever told the American people that we...

00:52:303 sec.
Lehrer, Jim - Anchor

I'm taking responsibility for saying your time's up.

00:52:331 sec.
Perot, H. "Ross" - Founder

I'm watching the lights.

00:52:342 sec.
Lehrer, Jim - Anchor

All right. Governor Clinton, 1 minute, sir.

00:52:361 min.
Clinton, Bill - Governor, [D] Arkansas

The mistake that was made was making the "read my lips" promise in the first place just to get elected, knowing what the size of the deficit was.

...
00:53:396 sec.
Lehrer, Jim - Anchor

All right, Mr. Perot, the question is for you. You have a 2-minute answer, and it will be asked by Susan Rook.

00:53:4520 sec.
Rook, Susan - Correspondent

Mr. Perot, you've talked about going to Washington to do what the people who run this country want you to do. But it is the president's duty to lead,...

00:54:051 min.
Perot, H. "Ross" - Founder

You're talking about 2 different subjects. In order to lead, you first have to use the White House as a bully pulpit and lead; then you have to develop...

00:55:393 sec.
Lehrer, Jim - Anchor

Governor Clinton, 1 minute.

00:55:4260 sec.
Clinton, Bill - Governor, [D] Arkansas

Well, I believe in the town hall meetings; they started with my campaign in New Hampshire. And I think Ross Perot has done a good job in having. And...

00:56:423 sec.
Lehrer, Jim - Anchor

President Bush, 1 minute.

00:56:451 min.
Bush, George H. W. - President, [R] United States

I would like the record to show the panelists that Ross Perot took the first shot at the press. My favorite bumper sticker, though, is: Annoy the Media....

00:57:596 sec.
Lehrer, Jim - Anchor

All right, we're going to go on to another subject now, and the subject is priorities. The first question goes to you, President Bush, and Susan will...

00:58:0527 sec.
Rook, Susan - Correspondent

President Bush, gentlemen, I acknowledge that all of you have women and ethnic minorities working for you and working with you. But when we look at...

00:58:323 sec.
Bush, George H. W. - President, [R] United States

You don't see Margaret Tutwiler sitting in there with me today.

00:58:352 sec.
Rook, Susan - Correspondent

The key people, President Bush.

00:58:371 sec.
Bush, George H. W. - President, [R] United States

Huh?

00:58:381 sec.
Rook, Susan - Correspondent

The key people, the people beyond the glass ceiling.

(APPLAUSE)

00:58:391 min.
Bush, George H. W. - President, [R] United States

I happen to think she's a key person. I think our Cabinet members are key people. I think the woman that works with me, Rose Zamaria, is about as tough...

01:00:112 sec.
Lehrer, Jim - Anchor

Mr. Perot, 1 minute.

01:00:131 min.
Perot, H. "Ross" - Founder

Well, I come from the computer business, and everybody knows the women are more talented than the men. So we have a long history of having a lot of...

01:01:368 sec.
Bush, George H. W. - President, [R] United States

I've got reply on that. That gets to the national honor. We did not say to Saddam Hussein, Ross, you can take the northern part of Kuwait.

01:01:441 sec.
Perot, H. "Ross" - Founder

Well, where are the papers?

01:01:451 sec.
Bush, George H. W. - President, [R] United States

That is absolutely absurd.

01:01:46
Perot, H. "Ross" - Founder

Where are the papers?

01:01:467 sec.
Bush, George H. W. - President, [R] United States

Glaspie has testified --

(APPLAUSE)

-- and Glaspie's papers have been presented to the US Senate. Please, let's be factual.

01:01:5342 sec.
Perot, H. "Ross" - Founder

If you have time, go through Nexis and Lexis, pull all the old news articles, look at what Ambassador Glaspie said all through the fall and what-have-you,...

01:02:3512 sec.
Lehrer, Jim - Anchor

Mr. President, just to make sure that everybody knows what's going on here, when you responded directly to Mr. Perot, you violated the rule, your rules....

01:02:473 sec.
Bush, George H. W. - President, [R] United States

For which I apologize. When I make a mistake I say I'm sorry.

(Laughter.)

01:02:506 sec.
Lehrer, Jim - Anchor

I just want to make sure everybody understands. If you all want to change the rules, we can do it.

01:02:565 sec.
Bush, George H. W. - President, [R] United States

No, I don't. I apologize for it but that one got right to the national honor and I'm sorry. I just couldn't let it stand.

01:03:012 sec.
Lehrer, Jim - Anchor

Governor Clinton, you have a minute.

01:03:031 min.
Clinton, Bill - Governor, [D] Arkansas

Susan, I don't agree that there are no women and minorities in important positions in my campaign. There are many. But I think even more relevant is...

01:04:077 sec.
Lehrer, Jim - Anchor

All right. Next question goes to you, Mr. Perot. It's a 2-minute question and Helen will ask it. Helen?

01:04:1427 sec.
Thomas, Helen - Bureau Chief

Mr. Perot, what proof do you have that Saddam Hussein was told that he could have the -- do you have any actual proof or are you asking for the papers?...

01:04:412 min.
Perot, H. "Ross" - Founder

No. They're not correct and if you look at my life, until I got involved in this effort, I was one person. And then after the Republican dirty tricks...

01:07:104 sec.
Lehrer, Jim - Anchor

Governor Clinton, you have 1 minute.

01:07:141 min.
Clinton, Bill - Governor, [D] Arkansas

Let's take Mr. Bush for the moment at his word -- he's right, we don't have any evidence at least that our government did tell Saddam Hussein he could...

01:08:313 sec.
Lehrer, Jim - Anchor

Mr. President, you have a moment -- a minute, I'm sorry.

01:08:341 min.
Bush, George H. W. - President, [R] United States

Well, it's awful easy when you're dealing with 90-90 hindsight. We did try to bring Saddam Hussein into the family of nations; he did have the 4th largest...

01:10:005 sec.
Lehrer, Jim - Anchor

All right, the next question goes to Governor Clinton, and Gene Gibbons will ask it. Gene?

01:10:0524 sec.
Gibbons, Gene - Correspondent

Governor, an important aspect of leadership is, of course, anticipating problems. During the 1988 campaign there was little or not mention of the savings...

01:10:291 min.
Clinton, Bill - Governor, [D] Arkansas

Gene, there is a problem in the sense that there are some problem banks, and on December 19th new regulations will go into effect which will in effect...

01:12:081 sec.
Lehrer, Jim - Anchor

President Bush, one minute.

01:12:0960 sec.
Bush, George H. W. - President, [R] United States

Well, I don't believe it would be appropriate for a president to suggest that the banking system is not sound. It is sound. There are some problem banks...

01:13:092 sec.
Lehrer, Jim - Anchor

Mr. Perot, 1 minute.

01:13:111 min.
Perot, H. "Ross" - Founder

Well, nobody's gotten into the real issue yet on the savings and loan again -- nobody's got a business background, I guess. The whole problem came up...

01:14:2510 sec.
Lehrer, Jim - Anchor

All right, Mr. Perot, the next question -- we're going into a new round here on a category just called differences, and the question goes to you, Mr....

01:14:3514 sec.
Gibbons, Gene - Correspondent

Mr. Perot, aside from the deficit, what government policy or policies do you really want to do something about? What really sticks in your craw about...

01:14:492 min.
Perot, H. "Ross" - Founder

The debt and the deficit. Well, if you watched my television show the other night, you saw it. And if you watch it Thursday, Friday, Saturday this week,...

01:16:495 sec.
Lehrer, Jim - Anchor

Governor Clinton, you have one minute. Governor?

01:16:541 min.
Clinton, Bill - Governor, [D] Arkansas

I would just point out, on the point Mr. Perot made, I agree that we need to cut spending in Congress. I've called for a 25% reduction in congressional...

01:17:552 sec.
Lehrer, Jim - Anchor

President Bush, one minute.

01:17:572 sec.
Bush, George H. W. - President, [R] United States

On government reform?

01:17:59
Lehrer, Jim - Anchor

Sir?

01:17:592 sec.
Bush, George H. W. - President, [R] United States

Government reform?

01:18:016 sec.
Lehrer, Jim - Anchor

Yes, exactly. Well, to respond to the subject that Mr. Perot mentioned.

01:18:071 min.
Bush, George H. W. - President, [R] United States

Well, how about this for a government reform policy? Reduce the White House staff by a 3rd after or at the same time the Congress does the same thing...

01:19:187 sec.
Lehrer, Jim - Anchor

All right.

(APPLAUSE)

Next question goes to Governor Clinton. You have 2 minutes, Governor, and Susan will ask it.

01:19:2525 sec.
Rook, Susan - Correspondent

Governor Clinton, you said that you will raise taxes on the rich, people with incomes of $200,000 a year or higher. A lot of people are saying that...

01:19:501 min.
Clinton, Bill - Governor, [D] Arkansas

My plan -- you can read my plan. My plan says that we want to raise marginal incomes on family incomes above $200,000 from 31 to 36 percent, that we...

01:21:362 sec.
Lehrer, Jim - Anchor

President Bush, you have one minute.

01:21:381 min.
Bush, George H. W. - President, [R] United States

That's what worries me --

(Laughter and applause)

-- that he's going to be responsible. He's going to do -- and he would do for the US...

01:22:465 sec.
Lehrer, Jim - Anchor

Mr. Perot.

01:22:5124 sec.
Clinton, Bill - Governor, [D] Arkansas

Jim, you permitted Mr. Bush to break the rules, he said, to defend the honor of the country. What about the honor of my state? We rank first in the...

01:23:1511 sec.
Lehrer, Jim - Anchor

We've got a wash, according to my calculation. We have a wash. And we go to Mr. Perot for one minute. In other words, it's a violation of the rule,...

01:23:263 sec.
Perot, H. "Ross" - Founder

So I'm the only one that's untarnished at this point?

01:23:296 sec.
Lehrer, Jim - Anchor

That's right. You're clear.

(Laughter and applause)

01:23:3560 sec.
Perot, H. "Ross" - Founder

I'm sure I'll do it before it's over.

(Laughter)

Key thing here, see, we all come up with images. Images don't fix anything. I think --...

01:24:356 sec.
Lehrer, Jim - Anchor

All right. This is the last question, and it goes to President Bush for a 2-minute answer. And it will be asked by Helen.

01:24:4114 sec.
Thomas, Helen - Bureau Chief

Mr. President, why have you dropped so dramatically in the leadership polls, from the high 80s to the 40s? And you have said that you will do anything...

01:24:552 min.
Bush, George H. W. - President, [R] United States

Well, I think the answer to why the drop, I think, has been the economy in the doldrums. Why I'll win is I think I have the best plan of the 3 of us...

01:27:061 sec.
Lehrer, Jim - Anchor

Mr. Perot, you have --

01:27:071 sec.
Bush, George H. W. - President, [R] United States

That's why I think I'll win.

01:27:082 sec.
Lehrer, Jim - Anchor

Mr. Perot -- sorry, excuse me, sir. Mr. Perot, you have one minute.

01:27:102 sec.
Perot, H. "Ross" - Founder

I'm the last one, right?

01:27:123 sec.
Lehrer, Jim - Anchor

No, Governor Clinton has a minute after you. Then we have the closing statements.

01:27:151 sec.
Perot, H. "Ross" - Founder

One minute after you.

01:27:161 sec.
Lehrer, Jim - Anchor

Right.

01:27:171 min.
Perot, H. "Ross" - Founder

I'm totally focussed on the fact that we may have bank failures and nobody answered it. I'm totally focussed on the fact that we are still evading the...

01:28:303 sec.
Lehrer, Jim - Anchor

Governor Clinton, one minute.

01:28:331 min.
Clinton, Bill - Governor, [D] Arkansas

I really can't believe Mr. Bush is still trying to make trust an issue after "read my lips" and 15 million new jobs and embracing what he called voodoo...

01:29:4215 sec.
Lehrer, Jim - Anchor

All right. Now, that was the final question and answer and we now go to the closing statements. Each candidate will have up to 2 minutes. The order...

01:29:572 min.
Clinton, Bill - Governor, [D] Arkansas

First, I'd like to thank the commission and my opponents for participating in these debates and making them possible. I think the real winners of the...

01:32:043 sec.
Lehrer, Jim - Anchor

President Bush, your closing statement, sir.

01:32:071 min.
Bush, George H. W. - President, [R] United States

Three weeks from now -- 2 weeks from tomorrow, America goes to the polls and you're going to have to decide who you want to lead this country to economic...

01:33:5613 sec.
Lehrer, Jim - Anchor

Mr. Perot, your closing statement, sir.

01:34:092 min.
Perot, H. "Ross" - Founder

To the millions of fine decent people who did the unthinkable and took their country back in their own hands and put me on the ballot, let me pledge...

01:36:503 min.
Lehrer, Jim - Anchor

All right, thank you, Mr. Perot; thank you, Mr. President; thank you, Governor Clinton -- for being with us tonight and in the previous debates. Thank...

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