NBC Nightly News - 1993-05-20
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Read a transcript preview of “NBC Nightly News - 1993-05-20” from malgent, uploaded on 2026-01-05.
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Language: English (YouTube automatic captions)
[0:00] Best prices in desperate disguise. And
[0:02] on America close up, part of the health
[0:04] revolution, telemedicine.
[0:09] This is NBC nightly [music] news with
[0:11] Tom Brokaw.
[0:13] Good evening. President Clinton must be
[0:15] feeling like a fireman tonight trying to
[0:17] put out fires in his own house, the
[0:19] Democratic Party.
[0:20] The issue is the president's plan to tax
[0:23] energy against powerful Democrats who
[0:25] represent oil and gas states. They want
[0:28] to find the money almost anywhere else.
[0:30] First, it was Democrats in the house,
[0:32] tonight Democrats in the Senate.
[0:34] NBC's Andrea Mitchell.
[0:37] >> You might ask, why is this man smiling
[0:39] since the latest defector is a key
[0:41] Democrat on the Finance Committee that
[0:43] must act on the president's tax plan?
[0:45] David Boren proposed fewer taxes, more
[0:47] spending cuts.
[0:49] >> This plan represents a third option
[0:52] in addition to the acceptable
[0:53] unacceptable choices of either doing
[0:56] nothing about reducing the budget
[0:58] deficit or reducing it mainly through
[1:01] tax increases.
[1:02] >> Not surprisingly, oil staters like
[1:04] Oklahoma's Boren want to eliminate the
[1:06] president's energy tax.
[1:07] >> It is a regressive tax. It is filled
[1:10] with exemptions, exceptions, would be a
[1:13] boon for lawyers and bureaucrats and
[1:15] delays.
[1:16] >> Instead, Boren's group proposes reducing
[1:18] annual social security cost of living
[1:20] increases for 22 million Americans,
[1:22] delaying tax increases on the rich,
[1:25] capping government benefits programs.
[1:27] >> Basically, a $40 billion shift away from
[1:29] wealthy Americans right on the people
[1:31] just above the poverty line, the elderly
[1:33] and the working