CLINTON'S PLAN HAS ADMIRABLE GOAL, BUT...

Richard J. Stegemeier Chairman and Chief Executive Officer Unocal Corp. Los Angeles Most Americans applaud President Clinton's determination to reduce the federal deficit. But even with his ambitious plan to cut spending, increase taxes, and stimulate the economy, our national debt will continue to climb from $4 trillion today to nearly $5 trillion by the end of the decade. Clearly, more spending cuts are necessary.

Apr 5th, 1993
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