PRESIDENT INSISTS HIS TAX CUTS KEEP DEFICIT IN CHECK
The White House set out today to sell President Clinton's proposed tax breaks in the face of far grander Republican promises, saying the political test was whether such proposals could be paid for without worsening the deficit -- and insisting that its cuts could be. But senior officials withheld virtually all specifics about what Government programs they would cut in five agencies to help finance the $60 billion package over five years. And they acknowledged that the President's proposed tax credits for children and new deductions for education would have to be phased in, starting at perhaps half their eventual value, before savings would be available to finance them in full.