Weekly Compilation of Presidential Documents Monday, March 8, 1993 Volume 29ÐNumber 9 Pages 331±365 1 VerDate 25-MAR-98 14:39 Apr 08, 1998 Jkt 010199 PO 00000 Frm 00001 Fmt 1249 Sfmt 1249 W:\DISC\P09MR4.000 p09mr4 Contents Addresses to the Nation Interviews With the News MediaÐContinued Economic planÐ331 North FoyerÐ353 Old Executive Office Building, Room 450Ð Addresses and Remarks 357 See also Bill Signings Oval OfficeÐ347, 349, 352, 362 Initiative to streamline GovernmentÐ350 Roosevelt RoomÐ353 New Brunswick, NJ Adult Learning CenterÐ332 Letters and Messages Rutgers UniversityÐ340 See also Communications to Federal Agencies Rotary InternationalÐ352 Disaster assistance for Washington, letterÐ Super Bowl champion Dallas CowboysÐ362 356 U.S. MayorsÐ357 Meetings With Foreign Leaders Appointments and Nominations See Statements Other Than Presidential See also Statements Other Than Presidential Statements by the President Superior Court of the District of Columbia, Associate JudgeÐ357 See Bill Signings Bill Signings Statements Other Than Presidential Emergency Unemployment Compensation Meeting with NATO Secretary General Amendments of 1993 WoernerÐ347 RemarksÐ353 Nominations for sub-Cabinet postsÐ349, 363, StatementÐ355 364 Situation in HaitiÐ348 Communications to Federal Agencies Supplementary Materials Disaster assistance for Washington, letterÐ 356 Acts approved by the PresidentÐ365 Checklist of White House press releasesÐ365 Interviews With the News Media Digest of other White House Exchanges with reporters announcementsÐ364 Cabinet RoomÐ346 Nominations submitted to the SenateÐ365 WEEKLY COMPILATION OF regulations prescribed by the Administrative Committee of the Federal Register, approved by the President (37 FR 23607; 1 CFR Part 10). PRESIDENTIAL DOCUMENTS Distribution is made only by the Superintendent of Docu- ments, Government Printing Office, Washington, DC 20402. Published every Monday by the Office of the Federal Reg- The Weekly Compilation of Presidential Documents will be ister, National Archives and Records Administration, Washing- furnished by mail to domestic subscribers for $80.00 per year ton, DC 20408, the Weekly Compilation of Presidential Docu- ($137.00 for mailing first class) and to foreign subscribers for ments contains statements, messages, and other Presidential $93.75 per year, payable to the Superintendent of Documents, materials released by the White House during the preceding Government Printing Office, Washington, DC 20402. The week. charge for a single copy is $3.00 ($3.75 for foreign mailing). The Weekly Compilation of Presidential Documents is pub- There are no restrictions on the republication of material lished pursuant to the authority contained in the Federal Reg- appearing in the Weekly Compilation of Presidential Docu- ister Act (49 Stat. 500, as amended; 44 U.S.C. Ch. 15), under ments. 2 VerDate 25-MAR-98 14:39 Apr 08, 1998 Jkt 010199 PO 00000 Frm 00002 Fmt 1249 Sfmt 1249 W:\DISC\P09MR4.000 p09mr4 Week Ending Friday, March 5, 1993 Radio Address to the Nation on the I also want to take this opportunity this Economic Plan morning to talk about another crucial aspect February 27, 1993 of our security, our economic security. Ten days ago I asked for your help to bring bold Good morning. Before I talk with you changes to our economy. I said it would be about our economic program this morning, a challenge and that our plan would require I want to say a word to the good people of every one of us to contribute and that the New York City and to all Americans who price of doing nothing is far, far higher for have been so deeply affected by the tragedy all of us than the price of change. Most of that struck Manhattan yesterday. A number all, our work together will bring us important of innocent people lost their lives, hundreds returns: more jobs, more growth, better in- were injured, and thousands were struck with comes, and a better future for our children. fear in their hearts when an explosion rocked Your response to this plan has been over- the basement of the World Trade Center. whelming to me. Business and labor leaders To their families, you are in the thoughts have made a rare alliance on behalf of a pro- and prayers of my family. And in the syna- gram that offers lower interest rates and in- gogues and churches last night, today, and vestment incentives for private enterprise tomorrow you will be remembered and and modern skills and opportunities for thought of again and again. My thoughts are working people. Citizens from cities all also with the police, the firefighters, the across the country have looked at our plan emergency response teams, and the citizens and concluded that the changes we ask are whose countless acts of bravery averted even right in the short term and for the long-term more bloodshed. Their reaction and their health of the economy. I think you know that valor reminds us of how often Americans are we can no longer deny that our huge national at their best when we face the worst. I thank deficit drains our economic health and that all the people who reached out to the injured our investment deficit will smother our hopes and the frightened amid the tumult that for economic growth. shook lower Manhattan. There is an alternative: our plan for a new Following the explosion I spoke with New direction. It provides retraining to Americans York's Governor Mario Cuomo and New for better jobs, incentives for small busi- York City Mayor David Dinkins to assure nesses to invest, and a head start, better nu- them that the full measure of Federal law trition and superior schools for our children. enforcement resources will be brought to Our plan will cut the deficit as a percentage bear on this investigation. Just this morning of our national income in half between now I spoke with FBI Director Sessions, who as- and 1997, so we can put our resources to sured me that the FBI and the Treasury De- work for all of us. What is happening in this partment are working closely with the New Nation is historic. After many years of drift York City police and fire departments. Work- and division and gridlock, the American peo- ing together we'll find out who was involved ple are uniting behind this call for a new di- and why this happened. Americans should rection. In recent days the White House has know we'll do everything in our power to been flooded with letters. You've sent along keep them safe in their streets, their offices, moving stories about how you've been af- and their homes. Feeling safe is an essential fected by the hard economic times, and part of being secure, and that's important to we've received several contributions to re- all of us. duce the debt. 331 VerDate 25-MAR-98 15:00 Apr 08, 1998 Jkt 010199 PO 00000 Frm 00001 Fmt 1244 Sfmt 1244 W:\DISC\P09MR4.002 p09mr4 332 Feb. 27 / Administration of William J. Clinton, 1993 Many of you who have written are single will have the opportunity and will meet social parents. You're worried about paying your needs that for too long have gone own bills today, but you're also worried about unaddressed. National service will be a great the lives of your children tomorrow. Your gift for the next generation of Americans. support is a symbol of selflessness, of the In closing today, let me share with you an- foresight and determination now catching other letter I received that arrived with an fire across our Nation. extraordinary gift. They come from George I received one letter from Rachel L. Baker of Sherwood, Arkansas, a retired Nunamaker of San Jose, California. She's 83 Air Force major. After serving his country years old, and she wrote, ``Stick to your guns, under extreme danger, Major Baker was you're on the right track.'' Well, I think Mrs. awarded the Distinguished Flying Cross for Nunamaker is right; we are on the right track. heroism. It is a recognition that George Already mortgage rates have fallen to their Baker should have kept for the rest of his lowest level in 20 years, 20 years. With falling life. But Major Baker sent that medal to me interest rates more people can afford loans as a sign of his support for our economic pro- to build their businesses, buy cars, or pur- gram and to encourage me in this ``quest for chase houses. This is good news for everyone sanity in our national direction.'' And he but especially for the young adults and mid- closed his letter, ``Godspeed, Mr. President.'' dle class families who thought they would From the bottom of my heart, Major Baker, never be able to afford their own homes. thank you for this most inspirational gift. That's an essential part of the American With your help and with the help of Ameri- dream we're working hard to restore. And cans just like you all across this country, we it can be restored. will restore the vitality of the American econ- Our plan will work. It cuts waste and ines- omy and enjoy a nation united by the dreams sential Government spending, and it in- we all share. creases public and private investments to cre- Thanks for listening. ate more jobs and rising incomes and to edu- cate and train people better. It spreads the NOTE: The President spoke at 10:06 a.m. from burden as fairly as possible, and the oppor- the Oval Office at the White House. tunity it promises will pay us back many times over. If we get America moving again, I don't care who gets the credit. Ultimately Remarks and a Question-and-Answer the credit will go to you, the American peo- ple.