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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
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Chron File, 1989-1993
OA/ID Number:
13624
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13624-006
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[National] Retail Federation 5/19/92 [OA 6102]
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26
18
2
4
NATIONAL RETAIL FEDERATION \ ROOM 450
MAY 19, 1992 \ 2:00 P.M.
SECRETARY ALEXANDER. TRACEY MULLINS, PRESIDENT OF
THE NATIONAL RETAIL FEDERATION. JOSEPH ANTONINI, NRF
CHAIRMAN. I'M DELIGHTED TO RECEIVE THIS AWARD, AND TO
HAVE THE CHANCE TO VISIT WITH YOU TODAY. I UNDERSTAND
YOU'VE ALREADY MET WITH PAT SAIKI, BUT I'D LIKE TO TAKE
THIS OPPORTUNITY TO BRIEFLY DISCUSS A NUMBER OF MATTERS
THAT I KNOW ARE OF CONCERN TO YOUR INDUSTRY.
- 2 -
As YOU KNOW, THE RECENT RIOTS IN Los ANGELES LEFT A
LARGE NUMBER OF RETAIL OPERATORS AND OTHER SMALL
BUSINESSES DEVASTATED. WE'VE RESPONDED SWIFTLY To THE
NEEDS THERE. THE SMALL BUSINESS ADMINISTRATION AND THE
FEDERAL EMERGENCY MANAGEMENT AGENCY HAVE MADE MASSIVE
RESOURCES AVAILABLE. THE FEDERAL HOME LOAN BANK SYSTEM
WILL OFFER AN ADDITIONAL $600 MILLION TO FINANCE THE
REBUILDING OF HOMES AND BUSINESSES.
- 3 -
AND WE'VE SET UP A SPECIAL TASK FORCE TO CUT RED TAPE
TO MAKE SURE THAT THESE BUSINESSES GET THE HELP THEY
DESERVE IN RECORD TIME.
BUT NOW WE NEED TO LOOK BEYOND THE IMMEDIATE
AFTERMATH OF THIS TRAGEDY. WE MUST RENEW OUR
COMMITMENT TO BRING HOPE AND OPPORTUNITY NOT JUST TO
Los ANGELES BUT TO EVERY AMERICAN CITY.
- 4 -
LAST WEEK, I PRESENTED TO CONGRESSIONAL LEADERS A
SIX-POINT ACTION PLAN TO DO JUST THAT: OUR "WEED AND
SEED" ANTI-CRIME INITIATIVE; OUR HOPE HOUSING
INITIATIVE; EDUCATION REFORM; WELFARE REFORM; STRONG
JOB-TRAINING PROGRAMS FOR YOUNG PEOPLE IN THE INNER
CITY; AND ENTERPRISE ZONES, TO BRING PRIVATE CAPITAL
AND JOBS TO NEIGHBORHOODS THAT so DESPERATELY NEED
THEM.
- 5 -
I KNOW THAT THE RETAIL INDUSTRY HAS BEEN THROUGH
TOUGH TIMES, AS HAVE MANY OTHER SECTORS OF THE ECONOMY.
BUT THERE ARE REASONS TO BE ENCOURAGED. IN THE FIRST
QUARTER OF THIS YEAR, RETAIL SALES ROSE A STRONG 3
PERCENT. I WANT TO ASSURE YOU THAT WE'RE DOING
EVERYTHING WE CAN FROM HERE TO ENSURE THAT THIS GROWTH
CONTINUES.
FIRST, WE IN WASHINGTON NEED TO GET OUR OWN HOUSE
IN ORDER.
- 6 -
To RESTORE FISCAL DISCIPLINE TO THE FEDERAL GOVERNMENT,
I CHALLENGE CONGRESS TO GET MOVING ON A BALANCED BUDGET
AMENDMENT.
SECOND, WE'VE BEEN TAKING STEPS TO REDUCE FEDERAL
RED TAPE, WHICH TOO OFTEN ACTS AS A STRAIGHT JACKET ON
YOUR ABILITY TO COMPETE. EVERY DOLLAR YOU SPEND
CONFORMING TO SOME GOVERNMENT MANDATE IS A DOLLAR YOU
COULD SPEND SERVING YOUR CUSTOMERS BETTER. As YOU MAY
KNOW, WE'VE IMPLEMENTED A MORATORIUM ON NEW FEDERAL
REGULATIONS.
- 7 -
WE'RE SPEEDING UP THOSE REGULATIONS THAT ENCOURAGE
GROWTH -- AND, WHEREVER POSSIBLE, WE'RE CANCELLING
REGULATIONS THAT NEEDLESSLY BURDEN BUSINESS. THE DAYS
OF OVER-REGULATION ARE JUST THAT -- OVER.
FOR EXAMPLE, AT MY DIRECTION, THE IRS HAS ISSUED
NEW RULES TO SIMPLIFY THE PAYROLL TAX SYSTEM. THE NEW
RULES WILL SIGNIFICANTLY REDUCE PAYROLL COSTS FOR
BUSINESSES.
- 8 -
WE'RE ALSO LAUNCHING AN EXPERIMENTAL PROGRAM TO LET
EMPLOYERS MAKE TAX PAYMENTS ELECTRONICALLY. THERE'S NO
REASON YOU SHOULD WASTE TIME AND MONEY DOING THE
GOVERNMENT'S PAPERWORK.
I ALSO UNDERSTAND HOW CRUCIAL TRADE IS To THE
GROWTH OF YOUR INDUSTRY. IN FACT, IT IS CRUCIAL FOR
EVERY AMERICAN, BECAUSE OUR ECONOMIC SUCCESS AT HOME
DEPENDS ON OUR ECONOMIC SUCCESS ABROAD. I APPRECIATE
THE GOOD WORK THE NRF HAS BEEN DOING ON BEHALF OF OUR
NORTH AMERICAN FREE TRADE AGREEMENT.
- 9 -
WHEN WE GET THAT AGREEMENT -- AND WE WILL -- WE WILL
CREATE A $6.5 TRILLION MARKET, ONE OF THE LARGEST IN
THE WORLD.
WE'RE ALSO MOVING FORWARD WITH THE GATT TRADE
NEGOTIATIONS. A SUCCESSFUL GATT AGREEMENT COULD PUMP
MORE THAN $5 TRILLION INTO THE GLOBAL ECONOMY OVER TEN
YEARS. THE U.S. SHARE OF THAT PROMISES TO TOP $1
TRILLION. AND THAT MEANS MORE AND BETTER JOBS FOR
AMERICANS, BETTER SERVICE FOR YOUR CUSTOMERS, AND
BETTER PROSPECTS TO MAKE YOUR BUSINESSES GROW.
- 10 -
SOME CALL THIS TRADE POLICY OPTIMISTIC, AND THEY'RE
RIGHT: I AM OPTIMISTIC ABOUT THIS COUNTRY. THE
CREATIVITY, ENERGY AND ENTHUSIASM OF YOUR MEMBERS ARE
THE BEST REBUTTAL TO THE PESSIMISTS. WITH YOUR HELP,
AND THE HELP OF THE MILLIONS OF BUSINESSMEN AND -WOMEN
LIKE YOU, AMERICA WILL CONTINUE TO BE A RISING NATION
INTO THE NEXT CENTURY.
THANK YOU FOR THE OPPORTUNITY TO SPEAK WITH YOU
TODAY, AND THANK YOU FOR THIS HONOR.
#
#
#
NATIONAL RETAIL FEDERATION \ ROOM 450
MAY 19, 1992 \ 2:00 P.M.
SECRETARY ALEXANDER. TRACEY MULLINS, PRESIDENT OF
THE NATIONAL RETAIL FEDERATION. JOSEPH ANTONINI, NRF
CHAIRMAN. I'M DELIGHTED TO RECEIVE THIS AWARD, AND TO
HAVE THE CHANCE To VISIT WITH YOU TODAY. I UNDERSTAND
YOU'VE ALREADY MET WITH PAT SAIKI, BUT I'D LIKE TO TAKE
THIS OPPORTUNITY TO BRIEFLY DISCUSS A NUMBER OF MATTERS
THAT I KNOW ARE OF CONCERN TO YOUR INDUSTRY.
- 2 -
As YOU KNOW, THE RECENT RIOTS IN Los ANGELES LEFT A
LARGE NUMBER OF RETAIL OPERATORS AND OTHER SMALL
BUSINESSES DEVASTATED. WE'VE RESPONDED SWIFTLY TO THE
NEEDS THERE. THE SMALL BUSINESS ADMINISTRATION AND THE
FEDERAL EMERGENCY MANAGEMENT AGENCY HAVE MADE MASSIVE
RESOURCES AVAILABLE. THE FEDERAL HOME LOAN BANK SYSTEM
WILL OFFER AN ADDITIONAL $600 MILLION TO FINANCE THE
REBUILDING OF HOMES AND BUSINESSES.
- 3 -
AND WE'VE SET UP A SPECIAL TASK FORCE TO CUT RED TAPE
TO MAKE SURE THAT THESE BUSINESSES GET THE HELP THEY
DESERVE IN RECORD TIME.
BUT NOW WE NEED TO LOOK BEYOND THE IMMEDIATE
AFTERMATH OF THIS TRAGEDY. WE MUST RENEW OUR
COMMITMENT TO BRING HOPE AND OPPORTUNITY NOT JUST TO
Los ANGELES BUT TO EVERY AMERICAN CITY.
- 4 -
LAST WEEK, I PRESENTED TO CONGRESSIONAL LEADERS A
SIX-POINT ACTION PLAN TO DO JUST THAT: OUR "WEED AND
SEED" ANTI-CRIME INITIATIVE; OUR HOPE HOUSING
INITIATIVE; EDUCATION REFORM; WELFARE REFORM; STRONG
JOB-TRAINING PROGRAMS FOR YOUNG PEOPLE IN THE INNER
CITY; AND ENTERPRISE ZONES, TO BRING PRIVATE CAPITAL
AND JOBS TO NEIGHBORHOODS THAT so DESPERATELY NEED
THEM.
- 5 -
I KNOW THAT THE RETAIL INDUSTRY HAS BEEN THROUGH
TOUGH TIMES, AS HAVE MANY OTHER SECTORS OF THE ECONOMY.
BUT THERE ARE REASONS TO BE ENCOURAGED. IN THE FIRST
QUARTER OF THIS YEAR, RETAIL SALES ROSE A STRONG 3
PERCENT. I WANT To ASSURE YOU THAT WE'RE DOING
EVERYTHING WE CAN FROM HERE TO ENSURE THAT THIS GROWTH
CONTINUES.
FIRST, WE IN WASHINGTON NEED To GET OUR OWN HOUSE
IN ORDER.
- 6 -
To RESTORE FISCAL DISCIPLINE TO THE FEDERAL GOVERNMENT,
I CHALLENGE CONGRESS To GET MOVING ON A BALANCED BUDGET
AMENDMENT.
SECOND, WE'VE BEEN TAKING STEPS TO REDUCE FEDERAL
RED TAPE, WHICH TOO OFTEN ACTS AS A STRAIGHT JACKET ON
YOUR ABILITY TO COMPETE. EVERY DOLLAR YOU SPEND
CONFORMING TO SOME GOVERNMENT MANDATE IS A DOLLAR YOU
COULD SPEND SERVING YOUR CUSTOMERS BETTER. As YOU MAY
KNOW, WE'VE IMPLEMENTED A MORATORIUM ON NEW FEDERAL
REGULATIONS.
- 7 -
WE'RE SPEEDING UP THOSE REGULATIONS THAT ENCOURAGE
GROWTH -- AND, WHEREVER POSSIBLE, WE'RE CANCELLING
REGULATIONS THAT NEEDLESSLY BURDEN BUSINESS. THE DAYS
OF OVER-REGULATION ARE JUST THAT -- OVER.
FOR EXAMPLE, AT MY DIRECTION, THE IRS HAS ISSUED
NEW RULES TO SIMPLIFY THE PAYROLL TAX SYSTEM. THE NEW
RULES WILL SIGNIFICANTLY REDUCE PAYROLL COSTS FOR
BUSINESSES.
- 8 -
WE'RE ALSO LAUNCHING AN EXPERIMENTAL PROGRAM To LET
EMPLOYERS MAKE TAX PAYMENTS ELECTRONICALLY. THERE'S NO
REASON YOU SHOULD WASTE TIME AND MONEY DOING THE
GOVERNMENT'S PAPERWORK.
I ALSO UNDERSTAND HOW CRUCIAL TRADE IS To THE
GROWTH OF YOUR INDUSTRY. IN FACT, IT IS CRUCIAL FOR
EVERY AMERICAN, BECAUSE OUR ECONOMIC SUCCESS AT HOME
DEPENDS ON OUR ECONOMIC SUCCESS ABROAD. I APPRECIATE
THE GOOD WORK THE NRF HAS BEEN DOING ON BEHALF OF OUR
NORTH AMERICAN FREE TRADE AGREEMENT.
- 9 -
WHEN WE GET THAT AGREEMENT -- AND WE WILL -- WE WILL
CREATE A $6.5 TRILLION MARKET, ONE OF THE LARGEST IN
THE WORLD.
WE'RE ALSO MOVING FORWARD WITH THE GATT TRADE
NEGOTIATIONS. A SUCCESSFUL GATT AGREEMENT COULD PUMP
MORE THAN $5 TRILLION INTO THE GLOBAL ECONOMY OVER TEN
YEARS. THE U.S. SHARE OF THAT PROMISES To TOP $1
TRILLION. AND THAT MEANS MORE AND BETTER JOBS FOR
AMERICANS, BETTER SERVICE FOR YOUR CUSTOMERS, AND
BETTER PROSPECTS TO MAKE YOUR BUSINESSES GROW.
- 10 -
SOME CALL THIS TRADE POLICY OPTIMISTIC, AND THEY'RE
RIGHT: I AM OPTIMISTIC ABOUT THIS COUNTRY. THE
CREATIVITY, ENERGY AND ENTHUSIASM OF YOUR MEMBERS ARE
THE BEST REBUTTAL TO THE PESSIMISTS. WITH YOUR HELP,
AND THE HELP OF THE MILLIONS OF BUSINESSMEN AND -WOMEN
LIKE YOU, AMERICA WILL CONTINUE TO BE A RISING NATION
INTO THE NEXT CENTURY.
THANK YOU FOR THE OPPORTUNITY TO SPEAK WITH YOU
TODAY, AND THANK YOU FOR THIS HONOR.
#
#
#
THE PRESIDENT HAS SEEN
THE WHITE HOUSE
5/18/92
WASHINGTON
May 18, 1992
C2 MAY 18
P12 : 07
MEMORANDUM FOR THE PRESIDENT
AD
THOUGH:
DAVE DEMAREST
OK
FROM:
ANDY FERGUSON
at
SUBJECT:
NATIONAL RETAIL FEDERATION
Tomorrow, at 2:00 p.m. in Room 450 you will deliver brief
remarks (6 minutes) at a drop-by with the National Retail
Federation. You will be receiving the NRF's Leadership in Public
Service Award.
Your remarks touch on the SBA and FEMA assistance made
available in response to the Los Angeles crisis, but emphasize
that their are much broader needs to be addressed -- problems
addressed by your 6-point plan. You acknowledge the importance
of a strong retail sector to overall economic strength, and
describe some of the steps this administration is taking to
ensure economic growth: promotion of a balanced budget amendment,
curtailing federal regulation, IRS innovation, and free trade
negotiations.
(Ferguson/Grossman)
May 15, 1992
Draft Two
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
let we touch briefly
to visit with you today. I only have a short time, SO allow me
to speak briefly on a number of matters that I know are of
concern to your industry.
As you know, the recent riots in Los Angeles left a large
number of retail operators and other small businesses devastated.
We've responded swiftly to the needs there. The Small Business
Administration and the Federal Emergency Management Agency have
made massive resources available. The Federal Home Loan Bank
system will offer an additional $600 million to finance the
rebuilding of homes and businesses. And we've set up a special
task force to cut red tape to make sure that these businesses get
the help they deserve in record time.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
2
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
I know that the retail industry has been through tough
times, as have many other sectors of the economy. But there are
reasons to be encouraged. In the first quarter of this year,
retail sales rose a strong 3 percent. I want to assure you that
we're doing everything we can from here to ensure that this
growth continues.
First, we in Washington need to get our own house in order.
To restore fiscal discipline to the federal government, I
challenge Congress to get moving on a balanced budget amendment.
Second, we've been taking steps to reduce federal red tape,
which too often acts as a straight jacket on your ability to
compete. Every dollar you spend conforming to some government
mandate is a dollar you could spend serving your customers
better. As you may know, we've implemented a moratorium on new
federal regulations. We're speeding up those regulations that
encourage growth -- and, wherever possible, we're cancelling
regulations that needlessly burden business. The days of over-
regulation are just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will
significantly reduce payroll costs for businesses. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
3
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
we get that agreement -- and we will -- we will create a $6.5
trillion market, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump more than $5 trillion into
the global economy over ten years. The U.S. share of that
promises to top $1 trillion. And that means more and better jobs
for Americans, better service for your customers, and better
prospects to make your businesses grow.
Some call this trade policy optimistic, and they're right: I
am optimistic about this country. The creativity, energy and
enthusiasm of your members are the best rebuttal to the
pessimists. With your help, and the help of the millions of
businessmen and -women like you, America will continue to be a
rising nation into the next century.
Thank you for the opportunity to speak with you today, and
thank you for this honor.
#
#
#
#
THE WHITE HOUSE
WASHINGTON
May 18, 1992
MEMORANDUM FOR THE PRESIDENT
AP
THOUGH:
DAVE DEMAREST
FROM:
ANDY FERGUSON
at
SUBJECT:
NATIONAL RETAIL FEDERATION
Tomorrow, at 2:00 p.m. in Room 450 you will deliver brief
remarks (6 minutes) at a drop-by with the National Retail
Federation. You will be receiving the NRF's Leadership in Public
Service Award.
Your remarks touch on the SBA and FEMA assistance made
available in response to the Los Angeles crisis, but emphasize
that their are much broader needs to be addressed -- problems
addressed by your 6-point plan. You acknowledge the importance
of a strong retail sector to overall economic strength, and
describe some of the steps this administration is taking to
ensure economic growth: promotion of a balanced budget amendment,
curtailing federal regulation, IRS innovation, and free trade
negotiations.
(Ferguson/Grossman)
May 15,1992
Draft Two
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today. I only have a short time, so allow me
to speak briefly on a number of matters that I know are of
concern to your industry.
As you know, the recent riots in Los Angeles left a large
number of retail operators and other small businesses devastated.
We've responded swiftly to the needs there. The Small Business
Administration and the Federal Emergency Management Agency have
made massive resources available. The Federal Home Loan Bank
system will offer an additional $600 million to finance the
rebuilding of homes and businesses. And we've set up a special
task force to cut red tape to make sure that these businesses get
the help they deserve in record time.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
2
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
I know that the retail industry has been through tough
times, as have many other sectors of the economy. But there are
reasons to be encouraged. In the first quarter of this year,
retail sales rose a strong 3 percent. I want to assure you that
we're doing everything we can from here to ensure that this
growth continues.
First, we in Washington need to get our own house in order.
To restore fiscal discipline to the federal government, I
challenge Congress to get moving on a balanced budget amendment.
Second, we've been taking steps to reduce federal red tape,
which too often acts as a straight jacket on your ability to
compete. Every dollar you spend conforming to some government
mandate is a dollar you could spend serving your customers
better. As you may know, we've implemented a moratorium on new
federal regulations. We're speeding up those regulations that
encourage growth -- and, wherever possible, we're cancelling
regulations that needlessly burden business. The days of over-
regulation are just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will
significantly reduce payroll costs for businesses. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
3
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
we get that agreement -- and we will -- we will create a $6.5
trillion market, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump more than $5 trillion into
the global economy over ten years. The U.S. share of that
promises to top $1 trillion. And that means more and better jobs
for Americans, better service for your customers, and better
prospects to make your businesses grow.
Some call this trade policy optimistic, and they're right: I
am optimistic about this country. The creativity, energy and
enthusiasm of your members are the best rebuttal to the
pessimists. With your help, and the help of the millions of
businessmen and -women like you, America will continue to be a
rising nation into the next century.
Thank you for the opportunity to speak with you today, and
thank you for this honor.
#
#
#
#
THE white HOUSE
WASHINGTON
May 18, 1992
MEMORANDUM FOR THE PRESIDENT
H
THOUGH:
DAVE DEMAREST
FROM:
ANDY FERGUSON
at
SUBJECT:
NATIONAL RETAIL FEDERATION
Tomorrow, at 2:00 p.m. in Room 450 you will deliver brief
remarks (6 minutes) at a drop-by with the National Retail
Federation. You will be receiving the NRF's Leadership in Public
Service Award.
Your remarks touch on the SBA and FEMA assistance made
available in response to the Los Angeles crisis, but emphasize
that their are much broader needs to be addressed -- problems
addressed by your 6-point plan. You acknowledge the importance
of a strong retail sector to overall economic strength, and
describe some of the steps this administration is taking to
ensure economic growth: promotion of a balanced budget amendment,
curtailing federal regulation, IRS innovation, and free trade
negotiations.
(Ferguson/Grossman)
May 15,1992
Draft Two
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today. I only have a short time, so allow me
to speak briefly on a number of matters that I know are of
concern to your industry.
As you know, the recent riots in Los Angeles left a large
number of retail operators and other small businesses devastated.
We've responded swiftly to the needs there. The Small Business
Administration and the Federal Emergency Management Agency have
made massive resources available. The Federal Home Loan Bank
system will offer an additional $600 million to finance the
rebuilding of homes and businesses. And we've set up a special
task force to cut red tape to make sure that these businesses get
the help they deserve in record time.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
2
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
I know that the retail industry has been through tough
times, as have many other sectors of the economy. But there are
reasons to be encouraged. In the first quarter of this year,
retail sales rose a strong 3 percent. I want to assure you that
we're doing everything we can from here to ensure that this
growth continues.
First, we in Washington need to get our own house in order.
To restore fiscal discipline to the federal government, I
challenge Congress to get moving on a balanced budget amendment.
Second, we've been taking steps to reduce federal red tape,
which too often acts as a straight jacket on your ability to
compete. Every dollar you spend conforming to some government
mandate is a dollar you could spend serving your customers
better. As you may know, we've implemented a moratorium on new
federal regulations. We're speeding up those regulations that
encourage growth -- and, wherever possible, we're cancelling
regulations that needlessly burden business. The days of over-
regulation are just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will
significantly reduce payroll costs for businesses. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
3
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
we get that agreement -- and we will -- we will create a $6.5
trillion market, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump more than $5 trillion into
the global economy over ten years. The U.S. share of that
promises to top $1 trillion. And that means more and better jobs
for Americans, better service for your customers, and better
prospects to make your businesses grow.
Some call this trade policy optimistic, and they're right: I
am optimistic about this country. The creativity, energy and
enthusiasm of your members are the best rebuttal to the
pessimists. With your help, and the help of the millions of
businessmen and -women like you, America will continue to be a
rising nation into the next century.
Thank you for the opportunity to speak with you today, and
thank you for this honor.
#
#
#
#
Document No. 328371ss
WHITE HOUSE STAFFING MEMORANDUM
DATE:
5/18/92
ACTION/CONCURRENCE/COMMENT DUE BY:
---
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
SUBJECT:
TUESDAY, MAY 19 - - 2:00 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
У
FINDLAY
HOLIDAY
KAUFMAN
MCGROARTY
BOSKIN
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
02 MAY 18 P|2| : 07
May 18, 1992
MEMORANDUM FOR THE PRESIDENT
Iff
THOUGH:
DAVE DEMAREST
FROM:
ANDY FERGUSON at
SUBJECT:
NATIONAL RETAIL FEDERATION
Tomorrow, at 2:00 p.m. in Room 450 you will deliver brief
remarks (6 minutes) at a drop-by with the National Retail
Federation. You will be receiving the NRF's Leadership in Public
Service Award.
Your remarks touch on the SBA and FEMA assistance made
available in response to the Los Angeles crisis, but emphasize
that their are much broader needs to be addressed -- problems
addressed by your 6-point plan. You acknowledge the importance
of a strong retail sector to overall economic strength, and
describe some of the steps this administration is taking to
ensure economic growth: promotion of a balanced budget amendment,
curtailing federal regulation, IRS innovation, and free trade
negotiations.
(Ferguson/Grossman)
May 15, 1992
Draft Two
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today. I only have a short time, so allow me
to speak briefly on a number of matters that I know are of
concern to your industry.
As you know, the recent riots in Los Angeles left a large
number of retail operators and other small businesses devastated.
We've responded swiftly to the needs there. The Small Business
Administration and the Federal Emergency Management Agency have
made massive resources available. The Federal Home Loan Bank
system will offer an additional $600 million to finance the
rebuilding of homes and businesses. And we've set up a special
task force to cut red tape to make sure that these businesses get
the help they deserve in record time.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
2
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
I know that the retail industry has been through tough
times, as have many other sectors of the economy. But there are
reasons to be encouraged. In the first quarter of this year,
retail sales rose a strong 3 percent. I want to assure you that
we're doing everything we can from here to ensure that this
growth continues.
First, we in Washington need to get our own house in order.
To restore fiscal discipline to the federal government, I
challenge Congress to get moving on a balanced budget amendment.
Second, we've been taking steps to reduce federal red tape,
which too often acts as a straight jacket on your ability to
compete. Every dollar you spend conforming to some government
mandate is a dollar you could spend serving your customers
better. As you may know, we've implemented a moratorium on new
federal regulations. We're speeding up those regulations that
encourage growth -- and, wherever possible, we're cancelling
regulations that needlessly burden business. The days of over-
regulation are just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will
significantly reduce payroll costs for businesses. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
3
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
we get that agreement -- and we will -- we will create a $6.5
trillion market, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump more than $5 trillion into
the global economy over ten years. The U.S. share of that
promises to top $1 trillion. And that means more and better jobs
for Americans, better service for your customers, and better
prospects to make your businesses grow.
Some call this trade policy optimistic, and they're right: I
am optimistic about this country. The creativity, energy and
enthusiasm of your members are the best rebuttal to the
pessimists. With your help, and the help of the millions of
businessmen and -women like you, America will continue to be a
rising nation into the next century.
Thank you for the opportunity to speak with you today, and
thank you for this honor.
#
#
#
#
328371SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
92 MAY 18 P12.
5/15/92
92 MAY 18 All: 50
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY: 10: 00AM, MONDAY, MAY 1
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
SUBJECT:
ROOM 450, E.O.B.
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
REMARKS:
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed to pertinent staff travelling w/POTUS)
RESPONSE:
May 16, 1992
TO:
DAN MCGROARTY
NSC concurs with the attached.
Brent B Scowcroft
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
CC: Phillip Brady
Ext. 2702
(Ferguson/Grossman)
May 15, 1992
Draft Two
32 MAY 15 Pl: 52
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
# # # #
328371SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
5/15/92
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY: 10: 00AM, MONDAY, MAY
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
SUBJECT:
ROOM 450, E.O.B.
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
REMARKS:
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed, to pertinent staff travelling w/POTUS)
RESPONSE:
OK DS
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson/Grossman)
May 15, 1992
Draft Two
2 MAY 2 15 Pl: 52
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
act
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
#
#
#
#
THE WHITE HOUSE
WASHINGTON
92 MAY 18 All : 16 May 18, 1992
MEMORANDUM FOR DAN McGROARTY
FROM:
ROGER B. PORTER
RBP
SUBJECT:
Presidential Remarks: National Retail Federation
We have reviewed the attached presidential remarks and
have noted a few suggested changes on the draft.
If you have any questions or we can be of further
assistance, please let us know.
CC: Phillip D. Brady
328371SS
Document No.
JUH
WHITE HOUSE STAFFING MEMORANDUM
-win
-TA
5/15/92
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY: 10:00AM, MONDAY, MAY
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
SUBJECT:
MAY 19, 1992
ROOM 450, E.O.B.
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
>
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
FITZWATER
YEUTTER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
BOSKIN
REMARKS:
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed to pertinent staff travelling w/POTUS)
RESPONSE:
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson/Grossman)
May 15, 1992
Draft Two
2 MAY 15 2 Pl: 52
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
THEIR
responded swiftly to the needs there I The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
THE
INDUSTRY
2
I know that retail V has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As
you
may know, 2 we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
#
#
#
#
accorn.
CC' DFB, PWT JDF
328371SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
5/15/92
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY: 10: 00AM, MONDAY, MAY 1
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
SUBJECT:
MAY 19, 1992
ROOM 450, E.O.B.
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
FITZWATER
YEUTTER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
BOSKIN
REMARKS:
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed to pertinent staff travelling w/POTUS)
RESPONSE:
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
only a have short there time conceurs: Denes our within (Ferguson/Grossman) + Budy. its,
May 15, 1992
4th
BAC
Draft Two
2
15
Pl:
52
RETAIL
MAY
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
our
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
although
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
#
#
#
#
polanced
Summation: 41 oursing nation?-
Budget
328371SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
5/15/92
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY: 10:00AM, MONDAY, MAY
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
SUBJECT:
ROOM 450, E.O.B.
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT N/L
MOORE to other
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
ROGICH
CALIO
N/C
ROLLINS N/C
DEMAREST per Danther
SMITH
N/C
YEUTTER
FITZWATER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
BOSKIN
REMARKS:
MCGROARTY
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed to pertinent staff travelling w/POTUS)
RESPONSE:
92 MAY 15 P3 20
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
E
(Ferguson/Grossman)
May 15, 1992
Draft Two
02 MAY 15 Pl: 52
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
# # # #
NUME UNITED JUL OFFICE Date:
EXECUTIVE OFFICE OF THE PRESIDENT
OFFICE OF MANAGEMENT AND BUDGET
WASHINGTON, D.C. 20503
5-18-92
NOTICE:
Enclosed are comments from staff members of the Office of
Management and Budget (OMB). Such comments do not necessarily
represent the official position of the Director of OMB or of the
Office of Management and Budget. If you wish to have the
Director's personal comments, please let me know -- and contact
me if you have any questions.
James C. Murr
Associate Director for
Legislative Reference
and Administration
328371SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
5/15/92
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY: 10:00AM, MONDAY, MAY
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
SUBJECT:
MAY 19, 1992
ROOM 450, E.O.B.
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
FITZWATER
YEUTTER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
BOSKIN
REMARKS:
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed to pertinent staff travelling w/POTUS)
RESPONSE:
see comments
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson/Grossman)
May 15, 1992
Draft Two
2 MAY 15 pl: 52
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and (GRADY
businesses. We set up. a special task force to cut red tape to make x4844,
Sure that these business get the help they deserve in record time.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
(GRADY X4844) (GRADY x4844) 2
the Sector
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules Note:
businesses billions of dollars in payroll costs. We're also If of single
to simplify the payroll tax system. The new rules will save OK Deposite, ftiming
launching an experimental program to let employers make tax wage cysting
payments electronically. There's no reason you should waste time a beasibility
that is odly
and money doing the government's paperwork.
study.
I also understand how crucial trade is to the growth of
(Seurity)
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
# # # #
SENT BY:Xerox Telecopier 7020 5-18-92 8:52AM
OPD->
2024566218:# 1
SENT HY:Xerox lelecopier 7020 5-15-92 ; 2:03PM
The White House++
OPD:# 1
Document No.
32837185
WHITE HOUSE STAFFING MEMORANDUM
5/15/92
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY: 10:00AM, MONDAY, MAY 1
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
SUBJECT:
MAY 19, 1992
ROOM 450, E.O.B.
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MOBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
-
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
FITZWATER
YEUTTER
GRAY
FINDLAY
KAUFMAN
HOLIDAY
BOSKIN
REMARKS:
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed to partinent staff travelling w/POTUS)
RESPONSE:
See comments. Thanks.
PK
Faml Korfonta
31/50
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
SENT BY:Xerox Telecopier 7020 : 5-18-92 ; 8:52AM ;
OPD-
2024566218:# 2
SENI By:Xerox Telecopier 7020 ; 5-15-92 ; 2:03PM i
The White House-
OPD:# 2.
(Ferguson/Gressman)
May 15,1992
02 MAY 15 P | : 52
Draft Two
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.K.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, laft a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Admin
excelation and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Wead and Seed" anti-crime
initiative; our HOPE housing initiative, education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desparately need them.
SENT BY:Xerox Telecopier 7020 5-18-92 ; 8:52AM ;
OPD->
2024566218:# 3
SENT BY:Xerox Telecopier 7020 ; 5-15-92 : 2:03PM :
The White House->
OPD:# 3
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
omer increased some more in April.
(Tras)
a strong 3 persent, I want to assure you that we're doing
everything We can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlassly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will
significantly
(Treas.)
reduce
businesses payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
bacause our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
SENT BY:Xerox Telecopier 7020 ; 5-18-92 ; 8:53AM ;
OPD->
2024566218:# 4
SENT Bx:Xerox Telecopier 7020 ; 5-15-92 ; 2:04PM ;
The White House+
OPD:# 4
3
(USTR)
we get that agreement market 1 -- and we will -- Va will create a $6.5
trillion
one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillien into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and batter
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
# # # #
328371SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
5/15/92
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
10: 00AM, MONDAY, MAY
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
SUBJECT:
MAY 19, 1992
ROOM 450, E.O.B.
ACTION FYI
ACTION FYI
VICE PRESIDENT
HORNER
SKINNER
MCBRIDE
SCOWCROFT
MOORE
DARMAN
PETERSMEYER
BRADY
PORTER
BROMLEY
ROGICH
CALIO
ROLLINS
DEMAREST
SMITH
FITZWATER
YEUTTER
FINDLAY
GRAY
KAUFMAN
HOLIDAY
BOSKIN
REMARKS:
Please provide comments on the attached directly to
Dan McGroarty, Rm. 122, x2930, with a copy to this
office NO LATER THAN 10:00AM, MONDAY, MAY 18.
Thank you.
(attached has been faxed to pertinent staff travelling w/POTUS)
RESPONSE:
PHILLIP D. BRADY
Assistant to the President
and Staff Secretary
Ext. 2702
(Ferguson/Grossman)
May 15, 1992
Draft Two
2 MAY 15 2 Pl: 52
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses. I THINK WE NEED TO- ADD A LINE OR TWO ABOUT ASSURING
THE SAFTY OF THE STREETS + NEIGHBOR HOODS so FULKS CAN RISK THEMR
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them
9 LIFES INVESTMENTS WITHOUT FEAR OF BEING ROUSED on BORNED
OUT STC !
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
#
#
#
#
Memorandum for Speechwriting Staff
From:
Dan McGroarty
Regarding: not. Retail Fed.
Please return your comments to Room
122 by: 9 AM, Non.
Today's Date:
5/15
(Ferguson/Grossman)
May 15, 1992
Draft Two
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses. But Weall know that money alone cannot fix whatis broken in the Cityof
But now we need to look beyond the immediate aftermath of angels.
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
getting ridof
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor. May God bless
# # # #
Memorandum for Speechwriting Staff
From:
Dan McGroarty
Regarding: not. Retail Fed.
Please return your comments to Room
122 by: 9XM, am.
Today's Date: 5/15
(Ferguson/Grossman)
May 15, 1992
Draft Two
RETAIL
PRESIDENTIAL REMARKS: NATIONAL RETAIL FEDERATION
MAY 19, 1992
ROOM 450
2:00 P.M.
(Acknowledgments)
I'm delighted to receive this award, and to have the chance
to visit with you today.
Before I go any further, let me say a few words about Los
Angeles. The recent riots, as you know, left a large number of
retail operators and other small businesses devastated. We've
responded swiftly to the needs there. The Small Business
Association and the Federal Emergency Management Agency have made
massive resources available to the businesses victimized in Los
Angeles. And the Federal Home Loan Bank system will offer an
additional $600 million to finance the rebuilding of homes and
businesses.
But now we need to look beyond the immediate aftermath of
this tragedy. We must renew our commitment to bring hope and
opportunity not just to Los Angeles but to every American city.
Last week, I presented to congressional leaders a six-point
action plan to do just that: our "Weed and Seed" anti-crime
initiative; our HOPE housing initiative; education reform;
welfare reform; strong job-training programs for young people in
the inner city; and enterprise zones, to bring private capital
and jobs to neighborhoods that so desperately need them.
2
I know that retail has been through tough times, as have
many other sectors of the economy. But there are reasons to be
encouraged. In the first quarter of this year, retail sales rose
a strong 3 percent. I want to assure you that we're doing
everything we can from here to ensure that this growth continues.
We've been taking steps to reduce federal red tape, which
too often acts as a straight jacket on your ability to compete.
Every dollar you spend conforming to some government mandate is a
dollar you could spend to serve your customers better. As you
may know, we've implemented a moratorium on new federal
regulations. We're speeding up those regulations that encourage
growth -- and, wherever possible, we're cancelling regulations
that needlessly burden business. The days of over-regulation are
just that -- over.
For example, at my direction, the IRS has issued new rules
to simplify the payroll tax system. The new rules will save
businesses billions of dollars in payroll costs. We're also
launching an experimental program to let employers make tax
payments electronically. There's no reason you should waste time
and money doing the government's paperwork.
I also understand how crucial trade is to the growth of
your industry. In fact, it is crucial for every American,
because our economic success at home depends on our economic
success abroad. I appreciate the good work the NRF has been
doing on behalf of our North American Free Trade Agreement. When
3
we get that agreement -- and we will -- we will create a $6.5
trillion trading area, one of the largest in the world.
We're also moving forward with the GATT trade negotiations.
A successful GATT agreement could pump $5 trillion into the
global economy over ten years. The U.S. share of that promises
to top $1 trillion. And that means more and better jobs for
Americans, better service for your customers, and better
prospects to make your businesses grow.
Thank you for the opportunity to speak with you today, and
thank you this honor.
# # # #