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Al Gore Delivers Address on Tax Cuts in Orlando, FloridaAired October 6, 2000 - 12:26 p.m. ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
FRANK SESNO, CNN ANCHOR: While on the subject of this presidential race, we are going to take you to some place where it is playing out right now. Al Gore, the Democratic nominee, speaking in Orlando, Florida on the subject of tax cuts with wife and running mate at his side.
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VICE PRES. AL GORE (D), PRESIDENTIAL CANDIDATE: We want to save and invest your own money and buildup a nest egg that can be used for retirement or for other purposes if you decide earlier in your lives that's what you want to use it for.
But here is the difference: We give you a generous incentive to save and invest, not at the expense of Social Security, but on top of Social Security, so that you can set aside money without putting at risk the basic safety net that Social Security represents. We have to save Social Security and protect Social Security.
I will never go along with a plan like that put forward by our opponents that would divert $1 out of every $6 that is supposed to go into the Social Security Trust Fund to keep it in good financial shape, and take that off and invest it in the stock market. The stock market...
SESNO: A taste of the campaign trail there. Al Gore, once again, on the subject of tax cuts. His tax package, targeted tax cuts, as he calls them, worth about $500 billion over 10 years, and George W. Bush a $1.3 trillion tax-cut package, across-the-board tax cuts. Very much central to the presidential debate.
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