"Obviously, President Bill Clinton gets it. He knows you should not be raising taxes on anybody," said Rep. Jeb Hensarling, R-Texas, who was elected to the House years after impeachment.
Frank said he didn't think Clinton thought it through before he spoke.
"When you're the ex-president, you have no casual conversation," the congressman said. "You can't say, 'Yeah, maybe this, maybe that.'"
Nadler suggested Republicans are filling a rhetorical void as the administration and the Obama campaign struggle to make their case on the economy.
"I hope the administration will tell the real story. I hope the campaign will tell the real story. I don't see them telling the story right now," he said. "I see them doing pieces. Here's the story they ought to tell and it's not that complicated: Romney wants to inaugurate exactly the same policies that Bush did that caused the depression, that caused the catastrophe."
In his challenge, McCain has pushed for the Obama administration to provide weapons to the Syrian rebels battling the regime of President Bashar Assad to end months of bloodshed and violence. The Arizona Republican often has cited Clinton's actions in the Balkans as he has accused Obama of "a feckless foreign policy which abandons American leadership."
McCain, in January 1999, voted guilty on the two charges against Clinton — perjury and obstruction of justice.
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