DARYN KAGAN, CNN ANCHOR: We take you live now to Washington, D.C., where President Clinton is speaking. He is seeking $27 million to help close the earnings gap between men and women and beef up enforcement of equal pay laws. A proposal like this has failed in Congress. We will go ahead and listen to the president.</s>WILLIAM J. CLINTON, PRESIDENT OF THE UNITED STATES: ... and she's now working with General McCaffrey and the Olympics Committee to try to make sure that the Olympics in Sydney and all future Olympics are properly conducted in every conceivable way. Thank you very much for being here. We're delighted to see you.</s>KAGAN: We have been listening a bit to President Clinton. He is at an event today where he is going to propose $27 million to try to bridge the wage disparity between men and women. Women currently earning about 75 cents on every dollar that a man earns. He was making reference to Michelle Akers, who is a U.S. soccer star who was there The U.S. women's soccer team, if you are not familiar, is boycotting training right now because they are not happy with the amount of training stipend they are being paid compared to what men make in a similar type job. So she was asked to go ahead and speak at that event as well.
President Clinton Delivers Remarks on Equal Pay Initiative