(MONEY Magazine) – READ BILL CLINTON'S CLIPS TO SEE HOW HIS FIRST AND MOST FAMOUS CAMPAIGN PROMISE -- TO CUT MIDDLE-CLASS TAXES -- SLOWLY DISSOLVED OVER 12 MONTHS INTO A CALL FOR A MIDDLE-CLASS TAX INCREASE.

JANUARY 1992. CLINTON, IN HIS CAMPAIGN DOCUMENT, A PLAN FOR AMERICA'S FUTURE: ''We should cut middle-class taxes immediately by 10%.'' JANUARY 1992. CLINTON, IN HIS FIRST CAMPAIGN AD: ''I've offered a comprehensive plan. . .It starts with a tax cut for the middle class.'' JUNE 1992. CLINTON, IN HIS BOOK PUTTING PEOPLE FIRST: ''We will lower the tax burden on middle-class Americans by asking the very wealthy to pay their fair share. Middle-class taxpayers will have a choice between a children's tax credit or a significant reduction in their income tax rate.'' JUNE 18, 1992. CLINTON, IN WASHINGTON: ''The press and my political opponents always made more of the middle-class cut than I did, even in my speeches.'' OCT. 19, 1992. CLINTON, AT THE PRESIDENTIAL DEBATE IN RICHMOND: ''I will not raise taxes on the middle class to pay for these programs.'' JAN. 13, 1993. CLINTON, IN LITTLE ROCK: ''Everything ((is)) back on the table.'' JAN. 14, 1993. CLINTON, IN LITTlE ROCK: ''From New Hampshire forward, for reasons that absolutely mystified me, the press thought the most important issue in the race was the middle-class tax cut. I never did meet any voter who thought that.'' JAN. 20, 1993. CLINTON, IN HIS INAUGURAL ADDRESS: ''It ((renewing America)) will not be easy; it will require sacrifice.'' FEB. 17, 1993. CLINTON, IN HIS ADDRESS TO CONGRESS: ''This economic plan . . . ((will be)) paid for fairly . . . by asking more Americans to contribute today so that all of us can prosper tomorrow.''