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Clinton Reaches 'Accommodation' with Independent CounselAired January 19, 2001 - 1:53 p.m. ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
LOU WATERS, CNN ANCHOR: Let me remind you that within just a few minutes, we are expecting news conferences at the White House and at the Independent Counsel's Office in regards to a story we have been reporting here about a deal worked out by President Clinton, who retains the spotlight of his presidency right up into the 11th hour by agreeing with the independent counsel to conditions to avoid prosecution in connection with the Monica Lewinsky scandal.
White House correspondent John King is developing the elements of this story, which is not quite over yet.
John, what's new?
JOHN KING, CNN SR. WHITE HOUSE CORRESPONDENT: Not quite over yet, Lou, Indeed. In a remarkable development on the final full day of the Clinton administration, senior government sources, including high in the Clinton administration, telling CNN, the president, today, will issue a statement in which he will acknowledge that he gave misleading testimony in his deposition in the Paula Jones sexual harassment case. And as a result of the president issuing this statement, the independent counsel, Robert Ray, who inherited the 7- year-long investigation from Independent Counsel Kenneth Starr, will announce that he is closing the books on his investigation, folding that investigation, and that there will be no criminal charges against the current president, soon to be former President Clinton.
The White House making the distinction here, the president will acknowledge giving misleading testimony in the Paula Jones case. Of course, from the independent counsel's view, that was testimony that impeded the investigation of what indeed did happen in the president's relationship with Monica Lewinsky. This saga will end today, the president not be prosecuted, but he certainly was impeached for these offenses, he paid an $850,000 fine to settle the Paula Jones case. And, we're told, as well, he will agree to give up his right to practice law in the state of Arkansas for five years as part of this deal; that a penalty sought by the independent counsel in these top- secret, private negotiations to bring all this to a close.
And, as we just heard from Ari Fleischer before the break, the Clinton team even informed the president-elect, in some private conversations late last night, that this was to the come about on the day before George W. Bush takes office -- Lou.
WATERS: OK, John King, and we are still expecting for these -- still waiting for these news conferences at the White House and the Independent Counsel's Office to pick up the details of deal. So we'll be back in touch with John King.
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