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Originally Processed With FOIA(s): FOIA Number: S S FOIA MARKER This is not a textual record. This is used as an administrative marker by the George Bush Presidential Library Staff. Record Group/Collection: George H.W. Bush Presidential Records Collection/Office of Origin: Speechwriting, White House Office of Series: Speech File Draft Files Subseries: Chron File, 1989-1993 OA/ID Number: 13622 Folder ID Number: 13622-009 Folder Title: Small Business Week 5/12/92 [OA 6102] Stack: Row: Section: Shelf: Position: G 26 18 2 2 of George Bush, 1992 Administration of George Bush, 1992 / May 12 849 felt that would go spending all day untying redtape. So maybe ed States and has been cited by forecasters this will help out. as the driving force behind the more than -with all respect, Every business dollar that goes into com- 850,000 new jobs that were created in 1991. t popular agency in plying with some Government mandate is a In addition, small businesses employ more orking hard now not dollar that won't be spent hiring new work- than half of the American work force-often .ig agency in town. ers. Two-thirds or more of the new jobs in providing that crucial first job to young peo- e leader and some this country, two-thirds, are created by small ple and other disadvantaged workers-while d to that end. Last business. And you are the heart and soul of generating some 44 percent of all sales and Ogden, Utah, won what makes this economy work and what 39 percent of our GNP. Today, as we look Award for Quality, makes the American dream possible for your toward the vast frontier that is the 21st cen- nment office that employees and for their families. tury, we know that small business men and service in a cost- I will do my level-best, working with the women will continue to play a vital role in new kind of atti- officials I've introduced here today and oth- moving the United States forward to even ice that must be ers, to keep Government under control and greater heights of prosperity and progress. bureaucracy: put- out of your way so you can go out and do In the future, the success of American taxpayers as cus- what you do best, create jobs, create goods small business will have increasing impact and services for the American people. around the globe. Indeed, as they strive to knows what I'm So, thank you all for being here. Again, overcome impoverishment and stagnation business winners my congratulations to the winner. And may imposed by years of totalitarian rule, more n talking about. God bless our great country on this beautiful and more of the world's emerging democ- now? Right here, day. Thank you so much. racies are looking to the United States as a is metal compo- model of private initiative and market prin- it, and he turned Note: The President spoke at 3:05 p.m. in ciples in action. Hence, it is important that ational business. the Rose Garden at the White House. In his we continue to promote a climate in which from medical remarks, he referred to David T. Kearns, small businesses can thrive. This means alle- acements to an Deputy Secretary of Education, and Alfred viating the high cost of capital and the heavy popcorn. And A. DelliBovi, Deputy Secretary of Housing burden of excessive government regulation, art, right here, and Urban Development. which stifle investment and creativity. En- selling natural couraging the success of small business will supplier of bulk also require a continuing commitment to ex- , and tea to the cellence in education, which is vital to pro- Proclamation 6435-Small Business ducing workers who have the knowledge and !cCoy. Amelia? Week, 1992 skills that are necessary to excel in the in- business began, creasingly competitive global marketplace. aking hair rib- May 12, 1992 Today, it is gratifying to note that many small And now the By the President of the United States businesses have joined in support of AMER- sells are hand- of America ICA 2000, our comprehensive strategy to Oklahoma who achieve our National Education Goals. $5 million in A Proclamation From their daily contributions toward our is year's Small Small business men and women accom- local and national economies to their gener- Maybe you plish great things for our communities and ous participation in voluntary community can see you. country, and each year it is our privilege as service programs and other worthwhile en- moratorium Americans to join in saluting these present- deavors, small business men and women are our adminis- day pioneers. helping to build a better America for all of the burden Through their willingness to take risks and us. Thus, these enterprising individuals richly nesses of this to do the hard work that is necessary to im- deserve our support and thanks. d at existing prove existing products and services or to de- Now, Therefore, I, George Bush, Presi- "ke of today, sign, develop, and market new ones, small dent of the United States of America, by vir- economy by business people are leading America's eco- tue of the authority vested in me by the Con- ulations that nomic productivity and innovation. Indeed, stitution and laws of the United States, do good reason. small business is the lifeblood of our Nation's hereby proclaim the week of May 10 through her be tying free enterprise system. This resilient sector May 16 as Small Business Week. I urge all ughter than generates two of every three jobs in the Unit- Americans to join me in saluting our Nation's SMALL BUSINESS WEEK \ ROSE GARDEN TUESDAY, MAY 12, 1992 \ 3:00 P.M. I WANT To RECOGNIZE TREASURY SECRETARY NICK BRADY, IRS COMMISSIONER SHIRLEY PETERSON, AND MY COUNSEL BOYDEN GRAY -- ALL DOING AN OUTSTANDING JOB. I ALSO WANT TO SALUTE SBA ADMINISTRATOR PAT SAIKI, WHO WAS AT MY SIDE LAST WEEK IN L.A. AS WE SURVEYED WHAT CAN BE DONE TO HELP THAT CITY. It's HARD ON THIS SMALL BUSINESS DAY NOT TO THINK OF THE THOUSANDS OF SMALL BUSINESSPEOPLE WHO SUFFERED DAMAGE IN Los ANGELES. - 2 - MY COMMITMENT TO THEM IS THIS: WE'RE WORKING TO GET WHATEVER DISASTER ASSISTANCE THE FEDERAL GOVERNMENT CAN PROVIDE INTO THEIR HANDS IN RECORD TIME. THEY'VE SUFFERED ENOUGH -- AND I'M TRYING TO MAKE SURE FRUSTRATION WITH RED TAPE AND GOVERNMENT BUREAUCRACY DOESN'T ADD TO THEIR TROUBLES. I KNOW THE SBA HAS BEEN IN THE FOREFRONT OF THIS EFFORT, WORKING WITH OUR TASK FORCE UNDER THE ABLE LEADERSHIP OF DAVID KEARNS. - 3 - As YOU KNOW, TODAY I CALLED CONGRESSIONAL LEADERS OF BOTH PARTIES TO THE WHITE HOUSE. AND I'M PLEASED WITH THE EARLY RESULTS OF OUR EFFORT TO FORGE A BI-PARTISAN BASIS OF SUPPORT FOR OUR OPPORTUNITY AGENDA FOR AMERICA'S INNER CITIES. IT'S A PROMISING START -- AND WE'LL PUSH AHEAD. WE'RE HERE TODAY BECAUSE IT'S SMALL BUSINESS WEEK, AND WE HAVE WITH US FROM ALL 50 STATES AND BEYOND, THE SMALL BUSINESS PERSONS OF THE YEAR. - 4 - WELCOME TO THE WHITE HOUSE -- AMERICA'S ULTIMATE MOM-AND-POP OPERATION. III I GOT MY START IN LIFE AS A SMALL BUSINESSMAN IN TEXAS. I KNOW HOW IT FEELS TO START SOMETHING FROM SCRATCH. WORK WITH IT DAY AND NIGHT, AND HOPE YOU SUCCEED. SUCCESS GOES TO THOSE WHO WORK HARD, REFUSE TO GIVE UP, AND LEARN FROM THEIR MISTAKES. I ALSO KNOW WHAT IT'S LIKE TO COPE WITH FEDERAL REGULATIONS AND PAPERWORK. SOMETIMES BUREAUCRATS MAKE THINGS NEEDLESSLY COMPLICATED. - 5 - THEY FORGET THEY'RE SUPPOSED TO SERVE THE TAXPAYERS THE SAME WAY A BUSINESS HAS TO SERVE ITS CUSTOMERS. THAT ATTITUDE IN GOVERNMENT IS NOT ONLY WRONG, IT'S BAD FOR BUSINESS. So TODAY, WE'RE DOING SOMETHING ABOUT IT. To HONOR THESE OUTSTANDING BUSINESS PEOPLE, WE'RE GOING TO DO SOMETHING OUTSTANDING FOR SMALL BUSINESSES ACROSS AMERICA. - 6 - EVERY BUSINESSMAN AND WOMAN SITTING HERE CAN TELL YOU HOW BURDENSOME IT IS TO COMPLY WITH THE I.R.S.'s PAYROLL TAX RULES. IF THEY CAN'T TELL YOU, IT'S BECAUSE THEY'RE PAYING ANOTHER COMPANY To COPE WITH ALL THE HEADACHES FOR THEM. TODAY, THE I.R.S. IS IMPLEMENTING FASTER, CHEAPER, AND SIMPLER WAYS FOR BUSINESSES LARGE AND SMALL To DEAL WITH THE PAYROLL TAX SYSTEM. THIS WEEK, THE I.R.S. WILL ISSUE A PROPOSED RULE To REDUCE THE COMPLICATED DEPOSIT SCHEDULE. - 7 - LARGE COMPANIES WILL BE ABLE TO MAKE PAYROLL TAX DEPOSITS ON A FIXED DAY OF THE WEEK. MOREOVER, AS MANY AS 75% OF ALL BUSINESSES WILL MAKE PAYMENTS JUST ONCE A MONTH. THESE SIMPLIFICATIONS WILL SIGNIFICANTLY REDUCE THE COST, CONFUSION AND COMPLEXITY OF THE PAYROLL TAX SYSTEM. WE'RE ALSO MOVING FORWARD TO ELIMINATE ALL THE DUPLICATE W-2 FORMS AND OTHER PAYROLL TAX INFORMATION THAT EMPLOYERS HAVE BEEN REQUIRED TO SUPPLY. - 8 - WE ARE WORKING TO SET UP A SINGLE WAGE REPORTING SYSTEM so THAT SEPARATE FORMS DON'T HAVE TO BE SENT TO THE I.R.S., DEPARTMENT OF LABOR, SOCIAL SECURITY, AND STATE AND LOCAL GOVERNMENTS. IN JUNE, AN EXPERIMENTAL PROGRAM IN GEORGIA, SOUTH CAROLINA AND FLORIDA WILL LET EMPLOYERS MAKE TAX PAYMENTS ELECTRONICALLY -- WITHOUT EVEN LEAVING THEIR OFFICE. No MORE PAPER COUPONS TO FILE, OR STANDING IN LINE AT THE BANK. - 9 - SMALL BUSINESS LEARNED LONG AGO THAT COMPUTERS COULD DO MORE WORK IN LESS TIME FOR LESS COST. IT'S TIME WE BRING GOVERNMENT OUT OF THE HORSE-AND-BUGGY ERA AND INTO THE INFORMATION AGE -- AND STOP HAVING BUSINESS DO THE GOVERNMENT'S PAPERWORK. III THE I.R.S. MAY NOT BE THE MOST POPULAR AGENCY IN TOWN, BUT THEY'RE WORKING HARD NOT TO BE THE MOST INFURIATING. - 10 - LAST MONTH, THE I.R.S. CENTER IN OGDEN, UTAH WON THE PRESIDENT'S AWARD FOR QUALITY, WHICH GOES TO-THE GOVERNMENT OFFICE THAT PROVIDES EXCELLENT PUBLIC SERVICE IN A COST-EFFECTIVE MANNER. IT'S THIS NEW KIND OF ATTITUDE IN GOVERNMENT SERVICE THAT MUST BE BROUGHT TO EVERY FEDERAL BUREAUCRACY -- PUTTING PEOPLE FIRST, TREATING TAXPAYERS AS CUSTOMERS. - 11 - THE SMALL BUSINESS WINNERS HERE KNOW WHAT I'M TALKING ABOUT. JAMES FLEMING STARTED HIS METAL COMPONENT BUSINESS IN HIS BASEMENT, AND TURNED IT INTO A $15 MILLION INTERNATIONAL BUSINESS. JIM HAS DESIGNED EVERYTHING FROM MEDICAL EQUIPMENT USED IN HIP REPLACEMENTS TO AN ASSEMBLY LINE FOR JIFFY POP POPCORN. RICHARD STEWART TURNED A PART-TIME HOBBY SELLING NATURAL SPICES INTO AMERICA'S LARGEST SUPPLIER OF BULK HERBS, SPICES, GOURMET COFFEE AND TEA TO THE NATURAL FOODS INDUSTRY. - 12 - AND THEN THERE'S AMELIA McCoy. HER BUSINESS BEGAN AS AN ACT OF LOVE: MAKING HAIR RIBBONS FOR HER GRANDDAUGHTERS. Now THE HAIR BOWS HER COMPANY SELLS ARE HANDMADE BY 450 PEOPLE IN RURAL OKLAHOMA WHO WORK AT HOME AND GENERATE $5 MILLION IN SALES. FOR THAT, AMELIA IS THIS YEAR'S SMALL BUSINESS PERSON OF THE YEAR. 111 - 13 - SINCE I ANNOUNCED A MORATORIUM ON NEW REGULATIONS IN JANUARY, MY ADMINISTRATION HAS WORKED TO REDUCE THE BURDEN GOVERNMENT PLACES ON THE BUSINESSES OF THIS COUNTRY. WE'VE ALSO LOOKED AT EXISTING REGULATIONS, LIKE THE ONES I SPOKE OF TODAY, TO SEE HOW WE COULD HELP THE ECONOMY BY ELIMINATING OR SIMPLIFYING REGULATIONS THAT IMPEDE ECONOMIC GROWTH FOR NO GOOD REASON. I'M SURE AMELIA WOULD RATHER BE TYING A RED RIBBON FOR HER GRANDDAUGHTER THAN SPENDING ALL DAY TIED UP IN RED TAPE. 11 - 14 - EVERY BUSINESS DOLLAR THAT GOES INTO COMPLYING WITH SOME GOVERNMENT MANDATE IS A DOLLAR THAT WON'T BE SPENT HIRING NEW WORKERS. TWO-THIRDS OR MORE OF THE NEW JOBS IN THIS COUNTRY ARE CREATED BY SMALL BUSINESS. You ARE THE HEART AND SOUL OF WHAT MAKES THIS ECONOMY WORK -- WHAT MAKES THE AMERICAN DREAM POSSIBLE FOR YOUR EMPLOYEES AND THEIR FAMILIES. - 15 - WE WILL WORK TO KEEP GOVERNMENT OUT OF YOUR WAY so YOU CAN GO OUT AND DO WHAT YOU DO BEST. THANK YOU, AND MAY GOD BLESS THE UNITED STATES OF AMERICA. # # # WHITE HOUSE COMMCTR MON 11 MAY 92 23:37 PG 02 THE PRESIDENT HAS SEEN 5/12/92 UNCLASSIFIED THE WHITE HOUSE WASHINGTON DO May 11, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST 02 my MAY II P7: 02 FROM: ROBERT SIMON Rd SUBJECT: SMALL BUSINESS WEEK it On Tuesday, May 12, at 3:00 p.m. in the Rose Garden, you will give brief remarks (8 minutes, on cards) announcing IRS simplification of payroll tax payments. In the audience will be the state and national winners of the Small Business Administration's Business Person of the Year. UNCLASSIFIED WHITE HOUSE COMMCTR MON 11 MAY 92 23:39 PG.03 UNCLASSIFIED Simon May 11, 1992 Draft 3 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to recognize Deputy Treasury Secretary John Robson, IRS Commissioner Shirley Peterson, and my Counsel Boyden Gray -- all doing an outstanding job. I also want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. [[possible SBA L.A. update/ L.A. Task Force "red tape" report]] We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. III I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. To honor these outstanding business people, we're going to do something outstanding for small businesses across America. WHITE HOUSE COMMCTR MON 11 MAY. 92 23:42 PG.01 UNCLASSIFIED 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to deal with the payroll tax system. This week, the I.R.S. will issue a proposed rule to reduce the complicated deposit schedule. Large companies will be able to make payroll tax deposits twice a week. More- over, as many as 75% of all businesses will make payments just once a month. These simplifications will significantly reduce the cost, confusion and complexity of the payroll tax system. We're also moving forward to eliminate all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and into the Information Age -- and stop having business do the government's paperwork. 111 UNCLASSIFIED WHITE HOUSE COMMCTR MON 11 MAY 92 23:45 PG.02 UNCLASSIFIED 3 ((Now I'll admit, the only one in our family who understands the tax system is my dog Millie. 111 You think it's great being president? Try having your dog declare you as a dependent. 1111 The I.R.S. may not be the most popular agency in town, but they're working hard not to be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effective manner. It's this new kind of attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The small business winners here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an ac of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. Fo that, Amelia is this year's Small Business Person of the Year. III UNCLASSIFIED WHITE HOUSE COMMCTR MON 11 MAY 92 23:47 PG.03 UNCLASSIFIED 4 Since I announced a moratorium on new regulations in January, my Administration has worked to reduce the burden WHITE HOUSE COMMCTR MON 11 MAY 92 23:51 PG.01 UNCLASSIFIED 4 Since I announced a moratorium on new regulations in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth for no good reason. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spending all day tied up in red tape. 11 Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. we- As long as I am president I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # THE WHITE HOUSE WASHINGTON May 11, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST FROM: ROBERT SIMON Rd SUBJECT: SMALL BUSINESS WEEK On Tuesday, May 12, at 3:00 p.m. in the Rose Garden, you will give brief remarks (8 minutes, on cards) announcing IRS simplification of payroll tax payments. In the audience will be the state and national winners of the Small Business Administration's Business Person of the Year. Simon May 11, 1992 Draft 3 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to recognize Deputy Treasury Secretary John Robson, IRS Commissioner Shirley Peterson, and my Counsel Boyden Gray -- all doing an outstanding job. I also want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. [[possible SBA L.A. update/ L.A. Task Force "red tape" report]] We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. III I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. To honor these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to deal with the payroll tax system. This week, the I.R.S. will issue a proposed rule to reduce the complicated deposit schedule. Large companies will be able to make payroll tax deposits twice a week. More- over, as many as 75% of all businesses will make payments just once a month. These simplifications will significantly reduce the cost, confusion and complexity of the payroll tax system. We're also moving forward to eliminate all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and into the Information Age -- and stop having business do the government's paperwork. 111 3 ((Now I'll admit, the only one in our family who understands the tax system is my dog Millie. III You think it's great being president? Try having your dog declare you as a dependent. 11)) The I.R.S. may not be the most popular agency in town, but they're working hard not to be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effective manner. It's this new kind of attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The small business winners here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia is this year's Small Business Person of the Year. 4 Since I announced a moratorium on new regulations in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth for no good reason. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spending all day tied up in red tape. 11 Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # THE WHITE HOUSE WASHINGTON May 11, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST FROM: ROBERT SIMON Rd SUBJECT: SMALL BUSINESS WEEK On Tuesday, May 12, at 3:00 p.m. in the Rose Garden, you will give brief remarks (8 minutes, on cards) announcing IRS simplification of payroll tax payments. In the audience will be the state and national winners of the Small Business Administration's Business Person of the Year. Simon May 11, 1992 Draft 3 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to recognize Deputy Treasury Secretary John Robson, IRS Commissioner Shirley Peterson, and my Counsel Boyden Gray -- all doing an outstanding job. I also want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. [[possible SBA L.A. update/ L.A. Task Force "red tape" report]] We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. III I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. To honor these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to deal with the payroll tax system. This week, the I.R.S. will issue a proposed rule to reduce the complicated deposit schedule. Large companies will be able to make payroll tax deposits twice a week. More- over, as many as 75% of all businesses will make payments just once a month. These simplifications will significantly reduce the cost, confusion and complexity of the payroll tax system. We're also moving forward to eliminate all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and into the Information Age -- and stop having business do the government's paperwork. 111 3 ((Now I'll admit, the only one in our family who understands the tax system is my dog Millie. III You think it's great being president? Try having your dog declare you as a dependent. II)) The I.R.S. may not be the most popular agency in town, but they're working hard not to be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effective manner. It's this new kind of attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The small business winners here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia is this year's Small Business Person of the Year. 4 Since I announced a moratorium on new regulations in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth for no good reason. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spending all day tied up in red tape. 11 Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work --- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # THE WHITE HOUSE WASHINGTON May 11, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST FROM: ROBERT SIMON Rd SUBJECT: SMALL BUSINESS WEEK On Tuesday, May 12, at 3:00 p.m. in the Rose Garden, you will give brief remarks (8 minutes, on cards) announcing IRS simplification of payroll tax payments. In the audience will be the state and national winners of the Small Business Administration's Business Person of the Year. Simon May 11, 1992 Draft 3 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to recognize Deputy Treasury Secretary John Robson, IRS Commissioner Shirley Peterson, and my Counsel Boyden Gray -- all doing an outstanding job. I also want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. [[possible SBA L.A. update/ L.A. Task Force "red tape" report]] We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. III I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. To honor these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to deal with the payroll tax system. This week, the I.R.S. will issue a proposed rule to reduce the complicated deposit schedule. Large companies will be able to make payroll tax deposits twice a week. More- over, as many as 75% of all businesses will make payments just once a month. These simplifications will significantly reduce the cost, confusion and complexity of the payroll tax system. We're also moving forward to eliminate all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and into the Information Age -- and stop having business do the government's paperwork. 111 3 ((Now I'll admit, the only one in our family who understands the tax system is my dog Millie. III You think it's great being president? Try having your dog declare you as a dependent. III) The I.R.S. may not be the most popular agency in town, but they're working hard not to be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effective manner. It's this new kind of attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The small business winners here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia is this year's Small Business Person of the Year. 4 Since I announced a moratorium on new regulations in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth for no good reason. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spending all day tied up in red tape. 11 Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # Document No. 327271 WHITE HOUSE STAFFING MEMORANDUM 05/11/92 ---- DATE: ACTION/CONCURRENCE/COMMENT DUE BY: SUBJECT: PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK, 05/12 ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY BOSKIN McGROARTY FIRESTONE REMARKS: The attached has been forwarded to the President. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 THE WHITE HOUSE WASHINGTON May 11, 1992 02 MAY II P7: 02 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST FROM: ROBERT SIMON Rd SUBJECT: SMALL BUSINESS WEEK On Tuesday, May 12, at 3:00 p.m. in the Rose Garden, you will give brief remarks (8 minutes, on cards) announcing IRS simplification of payroll tax payments. In the audience will be the state and national winners of the Small Business Administration's Business Person of the Year. Simon May 11, 1992 Draft 3 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to recognize Deputy Treasury Secretary John Robson, IRS Commissioner Shirley Peterson, and my Counsel Boyden Gray -- all doing an outstanding job. I also want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. [[possible SBA L.A. update/ L.A. Task Force "red tape" report]] We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. III I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. To honor these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to deal with the payroll tax system. This week, the I.R.S. will issue a proposed rule to reduce the complicated deposit schedule. Large companies will be able to make payroll tax deposits twice a week. More- over, as many as 75% of all businesses will make payments just once a month. These simplifications will significantly reduce the cost, confusion and complexity of the payroll tax system. We're also moving forward to eliminate all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and into the Information Age -- and stop having business do the government's paperwork. III 3 ( (Now I'll admit, the only one in our family who understands the tax system is my dog Millie. III You think it's great being president? Try having your dog declare you as a dependent. II)) The I.R.S. may not be the most popular agency in town, but they're working hard not to be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effective manner. It's this new kind of attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The small business winners here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia is this year's Small Business Person of the Year. 4 Since I announced a moratorium on new regulations in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth for no good reason. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spending all day tied up in red tape. 11 Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # THE WHITE HOUSE WASHINGTON May 11, 1992 MEMORANDUM FOR DAN McGROARTY FROM: ROGER B. PORTER RBP SUBJECT: Presidential Remarks: Small Business Week We have reviewed the attached remarks and have noted two minor typographical errors on page three of the draft. Please let us know if you have any questions or if we may help in any other way. CC: Phillip D. Brady 92 MAY 12 A9: 28 327271ss Document No. WHITE HOUSE STAFFING MEMORANDUM DATE: 5/11/92 ACTION/CONCURRENCE/COMMENT DUE BY: 6:00PM Today, 5%11 PRESIDENTIAL REMARKS: SMALL BUSINESS SWEEK SUBJECT: ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH YEUTTER FITZWATER GRAY FINDLAY HOLIDAY KAUFMAN BOSKIN MCGROARTY REMARKS: FIRESTONE Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 6:00 P.M., TODAY, MONDAY, MAY 12, with a copy to this office. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Simon May 11, 1992 Draft 2 2HAY11 P3:21 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. I also want to recognize Deputy Treasury Secretary John Robson and IRS Commissioner Shirley Peterson -- both doing an outstanding job. We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has tc serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. Instead of simply honoring these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to file their payroll taxes. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically --, without even leaving their office. No more paper coupons to file, or standing in line at the bank. This week, the I.R.S. will propose a rule to reduce the complicated filing schedule. Large companies would be able to make payroll tax deposits once a week. But as many as 75% of all businesses would make payments just once a month. These simplifications will significantly reduce the cost and inefficiency of more frequent payments and should reduce penalties by 20%. We're also moving forward on the elimination of all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and 3 into the Information Age -- and stop having business to do the government's paperwork. The I.R.S. is also simplifying business tax forms, and increasing the availability of electronic filing of individual tax returns. This year, 11 million individual returns were filed electronically, saving a forest of paper, and reducing the error rate from 15 percent all the way down to 2 percent. It has the added benefit of speeding up refunds by 4 to 5 weeks. ((Now I'll admit, the only one in our family who understands the tax system is my dog Millie. You think it's great being president? Try having your dog declare you as a dependent. \\)) The I.R.S. may not be the most popular agency in town, but they're working hard to not be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides VE excellent public service in a cost-effecting manner. It's this kind of new attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The businessmen and women here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment in used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling 4 natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia was named the Small Business Person of the Year. Since I announced a moratorium on new regulation in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spend all day tied up in red tape. Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # Document No. 327271ss WHITE HOUSE STAFFING MEMORANDUM DATE: 5/11/92 ACTION/CONCURRENCE/COMMENT DUE BY: 6:00PM Today, 5/11 PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN SUBJECT: TUESDAY, MAY 12, 1992 3:00 P.M. ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE N/C DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH N/C ROLLINS N/C CALIO DEMAREST SMITH YEUTTER FITZWATER GRAY FINDLAY KAUFMAN HOLIDAY BOSKIN N/C MCGROARTY REMARKS: FIRESTONE Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 6:00 P.M., TODAY, MONDAY, MAY 12, with a copy to this office. Thank you. RESPONSE: CALL BACK at 5 I PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Simon May 11, 1992 Draft 2 02 MAY 11 P3:21 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city ./ I also want to recognize Deputy Treasury Secretary John Robson and IRS Commissioner Shirley Peterson -- both doing an outstanding job. (SACKI LAST) L.A. TASK FORCE We're here today because it's Small Business Week, and we [[ UPDATE ON SBA L.A. ASSISTANCE RED REPORT.) TAPE have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. Instead of simply honoring these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to file their payroll taxes. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. This week, the I.R.S. will propose a rule to reduce the complicated filing schedule. Large companies would be able to make payroll tax deposits once a week. But as many as 75% of all businesses would make payments just once a month. These simplifications will significantly reduce the cost and inefficiency of more frequent payments and should reduce penalties by 20%. We're also moving forward on the elimination of all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and 3 into the Information Age -- and stop having business to do the government's paperwork. The I.R.S. is also simplifying business tax forms, and increasing the availability of electronic filing of individual tax returns. This year, 11 million individual returns were filed electronically, saving a forest of paper, and reducing the error rate from 15 percent all the way down to 2 percent. It has the added benefit of speeding up refunds by 4 to 5 weeks. ( (Now I'll admit, the only one in our family who understands the tax system is my dog Millie. You think it's great being president? Try having your dog declare you as a dependent. \\)) The I.R.S. may not be the most popular agency in town, but they're working hard to not be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effecting manner. It's this kind of new attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The businessmen and women here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international (Boskin) business. Jim has designed everything from medical equipment in if used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling 4 natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia was named the Small Business Person of the Year. Since I announced a moratorium on new regulation in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spend all day tied up in red tape. Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # Document No. 327271ss WHITE HOUSE STAFFING MEMORANDUM DATE: 5/11/92 ACTION/CONCURRENCE/COMMENT DUE BY: 6:00PM Today, 5/11 PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN SUBJECT: TUESDAY, MAY 12, 1992 3:00 P.M. ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH YEUTTER FITZWATER GRAY FINDLAY KAUFMAN HOLIDAY BOSKIN MCGROARTY FIRESTONE REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 6:00 P.M., TODAY, MONDAY, MAY 12, with a copy to this office. Thank you. RESPONSE: See comments. Thanks. PK Paul Korfonta 05/11 PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Simon May 11, 1992 Draft 2 2 MAY II P3:21 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. I also want to recognize Deputy Treasury Secretary (OCA) John Robson and IRS Commissioner Shirley Peterson -- both doing an outstanding job. Also Boyden Gray, working fforts 7 reduce the burden of regulations. We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for (OCA) business. So today, we're doing something about it. 10 - honor these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to file their payroll taxes. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. (Treas.) This week, the and I.R.S. deposit will (Treas.) propose a rule to reduce have more the certainty way! complicated filing-schedule. Large companies would be able to in rules Moreover, and to make payroll tax deposits a week. including almost six as many as 75% of all twice businesses, would make payments just once a month. These (Toeas.) small baginesses simplifications will significantly reduce the cost confusion and complexity of inefficiency of more trequent payments and should Ireduse the payroll penal ies by 20% tax system. We're also moving forward on the elimination of all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and 3 into the Information Age -- and stop having business do the government's paperwork. The I.R.S. is also simplifying business tax forms, and increasing the availability of electronic filing of individual tax returns. This year, 11 million individual returns were filed electronically, saving a forest of paper, and reducing the error rate from 15 percent all the way down to 2 percent. It has the added benefit of speeding up refunds by 4 to 5 weeks. ( (Now I'll admit, the only one in our family who understands the tax system is my dog Millie. You think it's great being president? Try having your dog declare you as a dependent. \\)) The I.R.S. may not be the most popular agency in town, but they're working hard to not be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for. this (Trees.) is the Quality, which goes to the government office that provides Eirst time effective this award excellent public service in a cost manner. It's this has gone to kind of new attitude in government service that must be brought civilian to every federal bureaucracy -- putting people first, treating agency. taxpayers as customers. The small bug iness winners (SBA) The bus inessmen and women here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling 4 natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural (EBA) Oklahoma who work at home and generate $5 million in sales. For that, Amelia was 19 named This the Small Business Person of the Year. And honor her for I Since I announced a moratorium on new regulation in January, outstated my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spend all day tied up in red tape. Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # MAY 11 '92 17:52 ADMIN OFFICE P.4/8 SBA U.S. Small Business Admi ration For more information, contact: Mike Stamler FYI (202) 205-6744 wantdaything? any 92-33 SBA number: May 11, 1992 73% OF BUSINESS OWNERS SAY BUSINESS WILL IMPROVE OVER NEXT TWO QUARTERS WASHINGTON, D.C. -- Business is recovering and will improve over the next six months -- but dealing with government regulations and soaring health costs are major business concerns, according to owners of small businesses surveyed by the U.S. Small Business Administration (SBA). Almost 60% of business owners responding to a membership survey of the SBA's District Advisory Councils say business activity had improved over the past three months, and 73% said they expect continued improvement over the next six months. But almost 80% expressed concern about increasing employee health costs, and about 70% said their businesses had been negatively affected by federal government regulations. The findings of the survey were included today by SBA Administrator Patricia Saiki in her keynote speech at the opening of Small Business Week. "The optimism of this representative group suggests that the economy is showing renewed signs of vitality at the grass roots level," said SBA Administrator Patricia Saiki. "Their responses also make it clear, however, that the government has to be more responsive in clearing away government regulatory obstacles. We must also find ways to restrain employee health insurance costs," Saiki said. MORE Helping Build America's Future MAY 11 '92 17:52 ADMIN OFFICE P.5/8 About 30.4% said their businesses were greatly affected by their ability or inability to obtain financing. About 15.1% said it was "somewhat" of a problem, with nearly 54.5% saying it had little effect. Almost 30% said their businesses were somewhat affected by problems linked to having a poorly trained workforce, and nearly 12.1% said their businesses were affected a great deal by those problems. About 58% said their businesses were not affected much. Nearly 85% said their businesses were not affected much by problems caused by employee drug and alcohol abuse. About 12.1% said it was somewhat of a problem. About 2.6% said drug and alcohol abuse had a great deal of effect on their operations. OMB Bob Grady but leave possibility R.A Boskin pg3 Simon open Okay Learns of insert Red on Tape force May 11, 1992 Draft 2 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. I also want to recognize Deputy Treasury Secretary John Robson and IRS Commissioner Shirley Peterson -- both doing an outstanding job. We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. Instead of simply honoring these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to file their payroll taxes. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. This week, the I.R.S. will propose a rule to reduce the complicated filing schedule. Large companies would be able to make payroll tax deposits once a week. But as many as 75% of all businesses would make payments just once a month. These simplifications will significantly reduce the cost and inefficiency of more frequent payments and should reduce penalties by 20%. We're also moving forward on the elimination of all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and 3 into the Information Age -- and stop having business to do the government's paperwork. The I.R.S. is also simplifying business tax forms, and increasing the availability of electronic filing of individual tax returns. This year, 11 million individual returns were filed electronically, saving a forest of paper, and reducing the error rate from 15 percent all the way down to 2 percent. It has the added benefit of speeding up refunds by 4 to 5 weeks. ( (Now I'll admit, the only one in our family who understands the tax system is my dog Millie. You think it's great being president? Try having your dog declare you as a dependent. \\)) The I.R.S. may not be the most popular agency in town, but they're working hard to not be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effecting manner. It's this kind of new attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The businessmen and women here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment in used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling 4 natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia was named the Small Business Person of the Year. III Since I announced a moratorium on new regulation in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spend all day tied up in red tape. Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # Updated rersion - stare 3:30 from Gene Schaen Simon May 11, 1992 Draft 2 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. (and my Counsel, President I want to salute SBA Administrator Pat Saiki, who was at my C. Boyde side last week in L.A. as we surveyed what can be done to help Gray that city. I also want to recognize Deputy Treasury Secretary John Robson and IRS Commissioner Shirley Peterson -- both all doing an outstanding job. We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. Instead of simply honoring these outstanding business people, we're going to do something outstanding for small businesses across America. deal with the payroll 2 tax system Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to file their payroll taxes Anin June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments (payroll electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. issue a proposed This week, the I.R.S. will propose a rule to reduce the will complicated filing schedule. Large companies would be able to deposit make payroll tax deposits once a week. But as many as 75% of all will businesses would make payments just once a month. These simplifications will significantly reduce the cost and inefficiency of more frequent payments and should reduce penalties by 20%. to e We're also moving forward on the elimination of all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments, Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and 3 into the Information Age -- and stop having business to do the government's paperwork. The I.R.S. is also simplifying business tax forms, and increasing the availability of electronic filing of individual tax returns. This year, 11 million individual returns were filed electronically, saving a forest of paper, and reducing the error rate from 15 percent all the way down to 2 percent. It has the added benefit of speeding up refunds by 4 to 5 weeks. ( (Now I'll admit, the only one in our family who understands the tax system is my dog Millie. You think it's great being president? Try having your dog declare you as a dependent. \\)) The I.R.S. may not be the most popular agency in town, but they're working hard to not be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effecting ve manner. It's this kind of new attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The businessmen and women here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment in used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling 4 natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural good wason Oklahoma who work at home and generate $5 million in sales. For that, Amelia was named the Small Business Person of the Year. Since I announced a moratorium on new regulation 15) in January my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth. I'm sure Amelia would mg rather be tying a red ribbon for her granddaughter than spend all day tied up in red tape. Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # # SENT BY: Xer ox Telecopier 7020 ; 5-11-92 ; 4:53PM ; The White House-> 2024566218:# 1 Document No. 327271ss WHITE HOUSE STAFFING MEMORANDUM DATE: 5/11/92 ACTION/CONCURRENCE/COMMENTOUE BY: 6:00PM Today, 57 PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK SUBJECT: ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH YEUTTER FITZWATER GRAY FINDLAY HOLIDAY KAUFMAN BOSKIN MCGROARTY REMARKS: FIRESTONE Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 5:00 P.M., TODAY, MONDAY, MAY 12, with a copy to this office. Thank you. X6218 RESPONSE: NEEDS AN INSERT ABOUT How SMALL BUSINESSES NERE HARD His IN L.A. & How SBA / PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Simon May 11, 1992 Draft 2 SBA PRESIDENTIAL REMARKS: SMALL BUSINESS WEEK ROSE GARDEN TUESDAY, MAY 12, 1992 3:00 P.M. I want to salute SBA Administrator Pat Saiki, who was at my side last week in L.A. as we surveyed what can be done to help that city. I also want to recognize Deputy Treasury Secretary John Robson and IRS Commissioner Shirley Peterson -- both doing an outstanding job. We're here today because it's Small Business Week, and we have with us from all 50 states and beyond the Small Business Persons of the Year. Welcome to the White House -- America's ultimate Mom-and-Pop operation. I got my start in life as a small businessman in Texas. I know how it feels to start something from scratch. Work with it day and night, and hope you succeed. Success goes to those who work hard, refuse to give up, and learn from their mistakes. I also know what's it's like to cope with federal regulations and paperwork. Sometimes bureaucrats make things needlessly complicated. They forget they're supposed to serve the taxpayers the same way a business has to serve its customers. That attitude in government is not only wrong, it's bad for business. So today, we're doing something about it. Instead of simply honoring these outstanding business people, we're going to do something outstanding for small businesses across America. 2 Every businessman and woman sitting here can tell you how burdensome it is to comply with the I.R.S.'s payroll tax rules. If they can't tell you, it's because they're paying another company to cope with all the headaches for them. Today, the I.R.S. is implementing faster, cheaper, and simpler ways for businesses large and small to file their payroll taxes. In June, an experimental program in Georgia, South Carolina and Florida will let employers make tax payments electronically -- without even leaving their office. No more paper coupons to file, or standing in line at the bank. This week, the I.R.S. will propose a rule to reduce the complicated filing schedule. Large companies would be able to make payroll tax deposits once a week. But as many as 75% of all businesses would make payments just once a month. These simplifications will significantly reduce the cost and inefficiency of more frequent payments and should reduce penalties by 20%. We're also moving forward on the elimination of all the duplicate W-2 forms and other payroll tax information that employers have been required to supply. We are working to set up a Single Wage Reporting System so that separate forms don't have to be sent to the I.R.S., Department of Labor, Social Security, and state and local governments. Small business learned long ago that computers could do more work in less time for less cost. It's time we bring government out of the horse-and-buggy era and 3 into the Information Age -- and stop having business to do the government's paperwork. The I.R.S. is also simplifying business tax forms, and increasing the availability of electronic filing of individual tax returns. This year, 11 million individual returns were filed electronically, saving a forest of paper, and reducing the error rate from 15 percent all the way down to 2 percent. It has the added benefit of speeding up refunds by 4 to 5 weeks. ( (Now I'll admit, the only one in our family who understands the tax system is my dog Millie. You think it's great being president? Try having your dog declare you as a dependent. \\)) The I.R.S. may not be the most popular agency in town, but they're working hard to not be the most infuriating. Last month, the I.R.S. center in Ogden, Utah won the President's Award for Quality, which goes to the government office that provides excellent public service in a cost-effecting manner. It's this kind of new attitude in government service that must be brought to every federal bureaucracy -- putting people first, treating taxpayers as customers. The businessmen and women here know what I'm talking about. James Fleming started his metal component business in his basement, and turned it into a $15 million international business. Jim has designed everything from medical equipment in used in hip replacements to an assembly line for Jiffy Pop popcorn. Richard Stewart turned a part-time hobby selling 4 natural spices into America's largest supplier of bulk herbs, spices, gourmet coffee and tea to the natural foods industry. And then there's Amelia McCoy. Her business began as an act of love: making hair ribbons for her granddaughters. Now the hair bows her company sells are handmade by 450 people in rural Oklahoma who work at home and generate $5 million in sales. For that, Amelia was named the Small Business Person of the Year. Since I announced a moratorium on new regulation in January, my Administration has worked to reduce the burden government places on the businesses of this country. We've also looked at existing regulations, like the ones I spoke of today, to see how we could help the economy by eliminating or simplifying regulations that impede economic growth. I'm sure Amelia would rather be tying a red ribbon for her granddaughter than spend all day tied up in red tape. Every business dollar that goes into complying with some government mandate is a dollar that won't be spent hiring new workers. Two thirds or more of the new jobs in this country are created by small business. You are the heart and soul of what makes this economy work -- what makes the American Dream possible for your employees and their families. As long as I am president, I will work to keep government out of your way so you can go out and do what you do best. Thank you, and may God bless the United States of America. # # #

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Small Business Week 5/12/92 [OA 6102]

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