II. New Economy -

The Middle Class Bill of Rights

On December 15, 1994, President Clinton proposed a Middle Class Bill of Rights -- his plan to ensure that all Americans share the benefits from an expanding economy now and in the future.

Three general features of the plan are most striking. First, it is tightly targeted at the middle class families who need help most. About 85 percent of the tax benefits will go to families that earn less than $100,000 per year. Second, the President's proposal invests in those who are investing in our future: getting an education, buying a home, raising a family. Third, every penny of the Middle Class Bill of Rights if fully paid for by spending cuts--with billions left over for deficit reduction.

The Middle Class Bill of Rights has four components:

The Middle Class Bill of Rights embodies the New Covenant: helping people help themselves. It creates new opportunities for working American families who are willing to take responsibility to make the most of those opportunities.

Opening Markets and Expanding Trade
Return to Table of Contents