WASHINGTON - While citing some "progress" in negotiations over bankruptcy reform, President Clinton again threatened congressional leaders with a veto of the legislation if several remaining disputes are not settled to his satisfaction.

"It is very important that the resolution of these issues be fair and that we ensure that we do not erode protections for all debtors when targeting the few who abuse the system," the President wrote in a June 9 letter to the leaders of both parties in the House and Senate. "The outcome will determine whether the final bill tips the scales."

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