Detailed text transcripts for TV channel - CNN - 20181202:13

Detailed text transcripts for TV channel - CNN - 20181202:13:08:00

started considering a tax increase. ultimately proved his demise. he was out jogging. i was in the press pool, negotiations were going on and i did one of those very undistinguished screaming questions, mr. president, what about taxes now, or whatever it was i said? as he jogged by, he said read my hips, no new taxes. so a sense of humor. but he was considering raising taxes. and he did. and that's why bill clinton, years later, had a balanced budget. but it contributed to his losing -- bush losing re-election. >> no doubt. >> the book ends are very, very important. george herbert walker bush was elected, kind of on the coattails of ronald reagan's years. and when he lost in 1992, he and bill clinton -- it was the old guard, a new, younger generation elected, but also in that race was h. ross perot. 19 million votes perot took.

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