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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 Files, 1989-1993 OA/ID Number: 13627 Folder ID Number: 13627-002 Folder Title: Five Minute TV Address - Balanced Budget 6/10/92 [OA 5809] Stack: Row: Section: Shelf: Position: G 26 18 2 7 FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 TOMORROW, THE HOUSE OF REPRESENTATIVES FACES A CRITICAL VOTE ON THE BALANCED BUDGET AMENDMENT -- AND RIGHT NOW IS THE TIME FOR SOME STRAIGHT TALK ABOUT OUR NATIONAL DEFICIT. WITH OUR FEDERAL DEBT AVERAGING $65,000 FOR THE TYPICAL AMERICAN FAMILY OF FOUR, I UNDERSTAND WHY THE AMERICAN PEOPLE ARE FED UP AND WHY YOU ARE LOOKING FOR CHANGE. I SHARE YOUR FRUSTRATION AND I'M DETERMINED TO SEE THINGS CHANGE. I AM CONVINCED THAT A BALANCED BUDGET AMENDMENT IS THE ONLY WAY TO FORCE THE FEDERAL GOVERNMENT -- BOTH THE CONGRESS AND THE EXECUTIVE BRANCH -- TO LIVE WITHIN ITS MEANS. IN FACT, THE VERY FIRST ADDRESS TO CONGRESS I MADE AS PRESIDENT INCLUDED A CALL FOR A BALANCED BUDGET. - 2 - I CONFIDENTLY PRESENTED A BALANCED BUDGET CONSTITUTIONAL AMENDMENT TO THE CONGRESS. I ASKED OUR NATION'S ELECTED LEADERS TO PUT AMERICA'S BEST INTERESTS FIRST AND TO JOIN ME IN REACHING A GOAL WHOSE BENEFITS WILL BE MEASURED IN JOBS AND OPPORTUNITIES FOR OURSELVES AND FOR CHILDREN. EIGHTY PERCENT OF THE AMERICAN PUBLIC AGREE -- GOVERNMENT SPENDING MUST BE RESTRAINED AND THE BUDGET BALANCED. GOVERNMENT IS TOO BIG AND IT SPENDS TOO MUCH. WE ARE TREATING OUR NATIONAL DEBT LIKE THE OLD FELLOW WHO BORROWED MONEY TO PAY OFF HIS LOANS. INEVITABLY SOMEONE, AT SOME TIME, MUST FOOT THE BILL. AND, IT IS SIMPLY WRONG TO WALK AWAY FROM THIS MOUNTAIN OF DEBT AND LEAVE IT TO OUR KIDS. FORTY-FOUR OF OUR STATES HAVE SOME KIND OF A CONSTITUTIONAL REQUIREMENT FOR A BALANCED BUDGET. IT'S TIME FOR THE FEDERAL GOVERNMENT TO FOLLOW THEIR LEAD. WE MUST BALANCE THE FEDERAL BUDGET WITHOUT SHIFTING THE FUNDING BURDEN ALONG TO THE STATES; WE MUST PAY OUR OWN WAY. OUR FUTURE IS AT STAKE. NOW IS THE TIME TO PASS A CONSTITUTIONAL AMENDMENT MANDATING A BALANCED BUDGET. - 3 - AND, LET ME CAUTION AMERICANS NOT TO BE TAKEN IN BY BOLD BLUSTERING. WE CAN'T WHEEL-AND-DEAL THE DEFICIT AWAY. THERE'S NO EASY ANSWER THAT WE CAN JOT OUT ON A BLANK SHEET OF PAPER TO WIPE OUT A DEFICIT OF THAT MAGNITUDE. WE SHOULD NOT BE WILLING TO RISK OUR GRANDCHILDREN'S FUTURE ON SOUND-BITES THAT MERELY "SOUND" REAL. THE DEFICIT IS WHAT'S REAL. CONGRESSIONAL INACTION IS WHAT'S REAL. A CONSTITUTIONAL AMENDMENT MANDATING A BALANCED BUDGET IS WHAT'S NEEDED. FOR THAT REASON, I NEED YOUR HELP TO ENCOURAGE YOUR CONGRESSMEN TO DO THE RIGHT THING -- PASS THIS BALANCED BUDGET AMENDMENT. THERE IS NO SINGLE ACTION WE CAN TAKE THAT WILL BE ANY MORE IMPORTANT THAN DOING THIS FOR OUR NATION'S FUTURE. THANK YOU. MAY GOD BLESS YOU. AND, MAY GOD BLESS THE UNITED STATES OF AMERICA. # # # FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 TOMORROW, THE HOUSE OF REPRESENTATIVES FACES A CRITICAL VOTE ON THE BALANCED BUDGET AMENDMENT -- AND RIGHT NOW IS THE TIME FOR SOME STRAIGHT TALK ABOUT OUR NATIONAL DEFICIT. WITH OUR FEDERAL DEBT AVERAGING $65,000 FOR THE TYPICAL AMERICAN FAMILY OF FOUR, I UNDERSTAND WHY THE AMERICAN PEOPLE ARE FED UP AND WHY YOU ARE LOOKING FOR CHANGE. I SHARE YOUR FRUSTRATION AND I'M DETERMINED TO SEE THINGS CHANGE. I AM CONVINCED THAT A BALANCED BUDGET AMENDMENT IS THE ONLY WAY TO FORCE THE FEDERAL GOVERNMENT -- BOTH THE CONGRESS AND THE EXECUTIVE BRANCH -- TO LIVE WITHIN ITS MEANS. IN FACT, THE VERY FIRST ADDRESS TO CONGRESS I MADE AS PRESIDENT INCLUDED A CALL FOR A BALANCED BUDGET. - 2 - I CONFIDENTLY PRESENTED A BALANCED BUDGET CONSTITUTIONAL AMENDMENT TO THE CONGRESS. I ASKED OUR NATION'S ELECTED LEADERS TO PUT AMERICA'S BEST INTERESTS FIRST AND TO JOIN ME IN REACHING A GOAL WHOSE BENEFITS WILL BE MEASURED IN JOBS AND OPPORTUNITIES FOR OURSELVES AND FOR CHILDREN. EIGHTY PERCENT OF THE AMERICAN PUBLIC AGREE -- GOVERNMENT SPENDING MUST BE RESTRAINED AND THE BUDGET BALANCED. GOVERNMENT IS TOO BIG AND IT SPENDS TOO MUCH. WE ARE TREATING OUR NATIONAL DEBT LIKE THE OLD FELLOW WHO BORROWED MONEY TO PAY OFF HIS LOANS. INEVITABLY SOMEONE, AT SOME TIME, MUST FOOT THE BILL. AND, IT IS SIMPLY WRONG TO WALK AWAY FROM THIS MOUNTAIN OF DEBT AND LEAVE IT TO OUR KIDS. FORTY-FOUR OF OUR STATES HAVE SOME KIND OF A CONSTITUTIONAL REQUIREMENT FOR A BALANCED BUDGET. IT'S TIME FOR THE FEDERAL GOVERNMENT TO FOLLOW THEIR LEAD. WE MUST BALANCE THE FEDERAL BUDGET WITHOUT SHIFTING THE FUNDING BURDEN ALONG TO THE STATES; WE MUST PAY OUR OWN WAY. OUR FUTURE IS AT STAKE. NOW IS THE TIME TO PASS A CONSTITUTIONAL AMENDMENT MANDATING A BALANCED BUDGET. - 3 - AND, LET ME CAUTION AMERICANS NOT TO BE TAKEN IN BY BOLD BLUSTERING. WE CAN'T WHEEL-AND-DEAL THE DEFICIT AWAY. THERE'S NO EASY ANSWER THAT WE CAN JOT OUT ON A BLANK SHEET OF PAPER TO WIPE OUT A DEFICIT OF THAT MAGNITUDE. A BALANCED BUDGET AMENDMENT IS REAL ACTION AND IT WILL WORK. WE SHOULD NOT BE WILLING TO RISK OUR GRANDCHILDREN'S FUTURE ON SOUND-BITES THAT MERELY "SOUND" REAL. THE DEFICIT IS WHAT'S REAL. CONGRESSIONAL INACTION IS WHAT'S REAL. A CONSTITUTIONAL AMENDMENT MANDATING A BALANCED BUDGET IS WHAT'S NEEDED. FOR THAT REASON, I NEED YOUR HELP TO ENCOURAGE YOUR CONGRESSMEN TO DO THE RIGHT THING -- PASS THIS BALANCED BUDGET AMENDMENT. THERE IS NO SINGLE ACTION WE CAN TAKE THAT WILL BE ANY MORE IMPORTANT THAN DOING THIS FOR OUR NATION'S FUTURE. THANK YOU. MAY GOD BLESS YOU. AND, MAY GOD BLESS THE UNITED STATES OF AMERICA. # # # FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 TOMORROW, THE HOUSE OF REPRESENTATIVES FACES A CRITICAL VOTE ON THE BALANCED BUDGET AMENDMENT -- AND RIGHT NOW IS THE TIME FOR SOME STRAIGHT TALK ABOUT OUR NATIONAL DEFICIT. WITH OUR FEDERAL DEBT AVERAGING $65,000 FOR THE TYPICAL AMERICAN FAMILY OF FOUR, I UNDERSTAND WHY THE AMERICAN PEOPLE ARE FED UP AND WHY YOU ARE LOOKING FOR CHANGE. I SHARE YOUR FRUSTRATION AND I'M DETERMINED TO SEE THINGS CHANGE. I AM CONVINCED THAT A BALANCED BUDGET AMENDMENT IS THE ONLY WAY TO FORCE THE FEDERAL GOVERNMENT -- BOTH THE CONGRESS AND THE EXECUTIVE BRANCH -- TO LIVE WITHIN MY Ver ITS MEANS. IN FACT, Egstet THE VERY FIRST LEGISLATIVE PROPOSAL I MADE AS PRESIDENT WAS A BALANCED BUDGET PLAN (ADDRESS TO CONGRESS) INCLUDED A CALL FOR - 2 - I CONFIDENTLY PRESENTED A BALANCED BUDGET CONSTITUTIONAL AMENDMENT TO THE CONGRESS. I ASKED OUR NATION'S ELECTED LEADERS TO PUT AMERICA'S BEST INTERESTS FIRST AND TO JOIN ME IN REACHING A GOAL THAT WHOSE WOULD BENEFIT Sp THE WILL NATION BE NOW MEASURED AND IN THE FUTURE. IN JOBS + 0 OPPORTUNITES EIGHTY PERCENT OF THE AMERICAN PUBLIC AGREE -- FOR ourselves x FOR GOVERNMENT SPENDING MUST BE RESTRAINED AND THE BUDGET our BALANCED. GOVERNMENT IS TOO BIG AND IT SPENDS TOO CHILDREN MUCH. WE ARE TREATING OUR NATIONAL DEBT LIKE THE OLD FELLOW WHO BORROWED MONEY TO PAY OFF HIS LOANS. INEVITABLY SOMEONE, AT SOME TIME, MUST FOOT THE BILL. AND, IT IS SIMPLY WRONG TO WALK AWAY FROM THIS MOUNTAIN OF DEBT AND LEAVE IT TO OUR KIDS. FORTY-FOUR OF OUR STATES HAVE SOME KIND OF A CONSTITUTIONAL REQUIREMENT FOR A BALANCED BUDGET. IT'S TIME FOR THE FEDERAL GOVERNMENT TO FOLLOW THEIR LEAD. WE MUST BALANCE THE FEDERAL BUDGET WITHOUT SHIFTING THE FUNDING BURDEN ALONG TO THE STATES; WE MUST PAY OUR OWN WAY. OUR FUTURE IS AT STAKE. NOW IS THE TIME TO PASS A CONSTITUTIONAL AMENDMENT MANDATING A BALANCED BUDGET. - 3 - AND, LET ME CAUTION AMERICANS NOT TO BE TAKEN IN BY BOLD BLUSTERING. WE CAN'T WHEEL-AND-DEAL THE DEFICIT AWAY. THERE'S NO EASY ANSWER THAT WE CAN JOT OUT ON A BLANK SHEET OF PAPER TO WIPE OUT A DEFICIT OF THAT MAGNITUDE. WE SHOULD NOT BE WILLING TO RISK OUR GRANDCHILDREN'S FUTURE ON SOUND-BITES THAT MERELY "SOUND" REAL. THE DEFICIT IS WHAT'S REAL. CONGRESSIONAL INACTION IS WHAT'S REAL. A CONSTITUTIONAL AMENDMENT MANDATING A BALANCED BUDGET IS WHAT'S NEEDED. FOR THAT REASON, I NEED YOUR HELP TO ENCOURAGE YOUR CONGRESSMEN TO DO THE RIGHT THING -- PASS THIS BALANCED BUDGET AMENDMENT. THERE IS NO SINGLE ACTION WE CAN TAKE THAT WILL BE ANY MORE IMPORTANT THAN DOING THIS FOR OUR NATION'S FUTURE. THANK YOU. MAY GOD BLESS YOU. AND, MAY GOD BLESS THE UNITED STATES OF AMERICA. # # # THE WHITE HOUSE WASHINGTON June 9, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST DMr for DD Dur FROM: JANICE SHAW CROUSE Jenice Crance SUBJECT: SATELLITE ADDRESS ON BALANCE BUDGET Sir, attached for your review are proposed remarks (5 minutes, teleprompter) for tomorrow's satellite address on the Balance Budget Amendment. You are scheduled to tape this address at 2:45 p.m. in the OEOB studio and it will be available to local television stations after 4 p.m. Crouse/Gershowitz Sunday, June 7, 1992 3:51pm [tvaddres.fin] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 Tomorrow, the House of Representatives faces a critical vote on the Balanced Budget Amendment -- and right now is the time for some straight talk about our national deficit. With our federal debt averaging $65,000 for the typical American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am convinced that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan. I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Eighty percent of the American public agree -- government spending must be restrained and the budget balanced. Government is too big and it spends too much. We are treating our national debt like the old fellow who borrowed money to pay off his loans. Inevitably someone, at some time, must foot the bill. And, it is 1 2 simply wrong to walk away from this mountain of debt and leave it to our kids. Forty-four of our states have some kind of a constitutional requirement for a balanced budget. It's time for the federal government to follow their lead. We must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. Now is the time to pass a Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer that we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. A Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. There is no single action we can take that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### THE WHITE HOUSE WASHINGTON June 9, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST DMr for DD FROM: JANICE SHAW CROUSE Jenice Crance SUBJECT: SATELLITE ADDRESS ON BALANCE BUDGET Sir, attached for your review are proposed remarks (5 minutes, teleprompter) for tomorrow's satellite address on the Balance Budget Amendment. You are scheduled to tape this address at 2:45 p.m. in the OEOB studio and it will be available to local television stations after 4 p.m. Crouse/Gershowitz Sunday, June 7, 1992 3:51pm [tvaddres.fin] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 Tomorrow, the House of Representatives faces a critical vote on the Balanced Budget Amendment -- and right now is the time for some straight talk about our national deficit. With our federal debt averaging $65,000 for the typical American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am convinced that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan. I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Eighty percent of the American public agree -- government spending must be restrained and the budget balanced. Government is too big and it spends too much. We are treating our national debt like the old fellow who borrowed money to pay off his loans. Inevitably someone, at some time, must foot the bill. And, it is 1 2 simply wrong to walk away from this mountain of debt and leave it to our kids. Forty-four of our states have some kind of a constitutional requirement for a balanced budget. It's time for the federal government to follow their lead. We must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. Now is the time to pass a Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer that we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. A Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. There is no single action we can take that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### Document No. 332358ss WHITE HOUSE STAFFING MEMORANDUM DATE: 6/9/92 ACTION/CONCURRENCE/COMMENT DUE BY: --- PRESIDENTIAL REMARKS: SATELLITE ADDRESS ON BALANCED BUDGET SUBJECT: WEDNESDAY, JUNE 10 - - 2:45 p.m. ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROLLINS CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY > MCGROARTY 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 12 JUN 9 P3: 56 June 9, 1992 MEMORANDUM FOR THE PRESIDENT THROUGH: DAVID DEMAREST FROM: JANICE SHAW CROUSE Jenice Crance SUBJECT: SATELLITE ADDRESS ON BALANCE BUDGET Sir, attached for your review are proposed remarks (5 minutes, teleprompter) for tomorrow's satellite address on the Balance Budget Amendment. You are scheduled to tape this address at 2:45 p.m. in the OEOB studio and it will be available to local television stations after 4 p.m. Crouse/Gershowitz Sunday, June 7, 1992 3:51pm [tvaddres.fin] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 Tomorrow, the House of Representatives faces a critical vote on the Balanced Budget Amendment -- and right now is the time for some straight talk about our national deficit. With our federal debt averaging $65,000 for the typical American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am convinced that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan. I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Eighty percent of the American public agree -- government spending must be restrained and the budget balanced. Government is too big and it spends too much. We are treating our national debt like the old fellow who borrowed money to pay off his loans. Inevitably someone, at some time, must foot the bill. And, it is 1 2 simply wrong to walk away from this mountain of debt and leave it to our kids. Forty-four of our states have some kind of a constitutional requirement for a balanced budget. It's time for the federal government to follow their lead. We must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. Now is the time to pass a Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer that we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. A Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. There is no single action we can take that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### THE PRESIDENT HAS SEEN 6/10/92 THE WHITE HOUSE WASHINGTON 02 JUN 9 P3: 55 June 9, 1992 ok MEMORANDUM FOR THE PRESIDENT THROUGH: JANICE SHAW CROUSE Jenice Crance ar/ DAVID DEMAREST DMr for DD FROM: SUBJECT: SATELLITE ADDRESS ON BALANCE BUDGET sir, attached for your review are proposed remarks (5 minutes, teleprompter) for tomorrow's satellite address on the Balance Budget Amendment. You are scheduled to tape this address at 2:45 p.m. in the OEOB studio and it will be available to local television stations after 4 p.m. Crouse/Gershowitz Sunday, June 7, 1992 3:51pm [tvaddres.fin] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 Tomorrow, the House of Representatives faces a critical vote on the Balanced Budget Amendment -- and right now is the time for some straight talk about our national deficit. With our federal debt averaging $65,000 for the typical American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am convinced that a balanced budget amendment is the only way to force the federal government - both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan. I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Eighty percent of the American public agree -- government spending must be restrained and the budget balanced. Government is too big and it spends too much. We are treating our national debt like the old fellow who borrowed money to pay off his loans. Inevitably someone, at some time, must foot the bill. And, it is 1 2 simply wrong to walk away from this mountain of debt and leave it to our kids. Forty-four of our states have some kind of a constitutional requirement for a balanced budget. It's time for the federal government to follow their lead. We must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. Now is the time to pass a Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer that we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. A Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage your Congress to do the right thing -- pass this balanced man budget amendment. There is no single action we can take that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### H.Moore- - would whe one sentence to B.B.TV: " Driving down depect is essential to our lostenn economic health- - a matter of joles. " Document No. 332358 WHITE HOUSE STAFFING MEMORANDUM DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 12:00 NOON ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT X MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY CALIO N/C SMITH X DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P.M. TUESDAY, JUNE 9, with a copy to this office. Thank you. 'Cortact your RESPONSE: snied 2D spolo,on X LATE Conglessman" COMMENT PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Crouse/Gershowitz Monday, June 8, 1992 6:12pm 12 JUN 8 P6: 26 [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need to have some straight talk about our national deficit. With our federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. 1 2 Right now, forty-four of our states have a constitutional balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### JUN 09 '92 05:22 PMA GOVT RELATIONS 7 Pharmaceutical [anufacturers P.1/2 ssociation FAX TRANSMITTAL SHEET GOVERNMENT RELATIONS DIVISION Please deliver the following 2 pages (includes cover sheet) TO: Marla Donahue COMPANY: FROM: Lynda Nersesian DATE: RE: FAX#: 456-1647 If you did not receive all pages or there is a problem with the Fax transmission, please call: SENDER: Marianne Moore PHONE: (202) 835-3482 FAX: (202) 835-3488 COMMENTS: Masla: Per our conversation. Hope this helps. Lynde 835-3486 JUN 09 '92 05:22 PMA GOVT RELATIONS P.2/2 Pharmaceutical Manufacturers Gerald J. Mossinghoff ssociation PRESIDENT June 9, 1992 The President The White House Washington, D.C. 20500 Dear Mr. President: On behalf of the research-based pharmaceutical industry, I am writing to thank you for the strong position you have taken in support of intellectual-property rights by refusing to sign the proposed Convention on Biological Diversity. Patent protection is the foundation of the research-based pharmaceutical industry. Without such protection, there simply would be no pharmaceutical industry -- and no new drugs to cure disease, ease suffer- ing and prolong life. Unlike many U.S. industries, the U.S. pharmaceutical industry continues to increase its investment in research and development. This year, the industry will spend almost $11 billion on R&D, 13.5 percent more than last year. Our member companies have doubled their investment in research and development every five years since 1970. As a result, America's research-based pharmaceutical industry leads the world in discovering and developing new and better drugs. Our industry, according to the March 9, 1992 issue of Fortune magazine, is America's most internationally competitive industry. None of this would be conceivable without the assurance of strong patent protection. As it is, our companies continue to lose billions of dollars a year in sales to patent pirates who operate in countries that lack adequate patent protection. The proposed Convention on Biological Diversity would undermine the great progress your Administration has made in encouraging other countries --- most recently and notably Mexico and China -- to strengthen their patent laws. The unclear language relating to "technology transfer" and equitable sharing appear to be code words for compulsory licensing and other forms of property acquisition. Your sensitivity to these matters is most gratifying. Our industry considers your continuing strong support for pro- tection of both the environment and intellectual-property rights as an indication of your commitment to ensuring American competitiveness in the international arena. Respectfully, America's Pharmaceutical Research Companies 1100 Fifteenth Street NW, Washington, DC 20005 Tel: 202-835-3420 FAX: 202-835-3429 JUN 09 '92 12:07 GENENTECH - WASH. DC P.1/3 Genentech, Inc. 1747 Pennsylvania Avenue NW Suite 1223 Washington, DC 20006 (202) 296-7272 FAX: (202) 296-7290 TELECOPY COVER SHEET TO: Macla Donoghue FROM: David Beiee DATE: 6/9/92 NUMBER OF PAGES (INCLUDING THIS COVER SHEET) : 3 COMMENTS: IF YOU HAVE ANY PROBLEMS RECEIVING THIS TELECOPY, PLEASE CONTACT Sheila AT (202) 296-7272. JUN 09 '92 12:07 GENENTECH - WASH. DC P.2/3 Genentech, Inc. 160 June 9, 1992 :6-1000 The Honorable George Bush President of the United States The White House 1600 Pennsylvania Avenue, N.W. Washington, D.C. 20500 Dear Mr. President: On behalf of a leading biotechnology company, I am writing to express strong praise for your courageous stand against the proposed Convention on Biological Diversity. Your Administration is to be congratulated for rejecting an unwise convention that runs the risk of seriously eroding the gaines of the past decade in the protection of intellectual property in international law. Genentech currently spends about $250 million a year in research and development activities. This research effort leads to the development of new treatments and cures for the people of the world. We have long striven to obtain adequate and effective protection for the fruits of this research through the United Nations and within the General Agreement on Tariff and Trade. The support of this Administration in furthering the providing of patent protection for our innovations has been commendable. Sadly, the proposed Convention on Biological Diversity runs a chance of eroding the progress made in protecting American intellectual property rights. The vague language relating to "technology transfer" and equitable sharing appear to be code words for compulsory licensing and other forms of property expropriation. We are pleased that you have been sensitive to these concerns. We also appreciate that you have correctly rejected the process oriented approach to the regulation of biotechnology implicit in the proposed Convention. The current Administration position of looking to the relative risk of the product, rather than the process, is clearly preferable. JUN 09 '92 12:08 GENENTECH - WASH. DC: P.3/3 The Honorable George Bush June 9, 1992 Page Two Please know that your continued support for adequate and effective protection of both the environment and intellectual property rights is very important to one of America's fastest growing and most vital industries. Sincerely yours, Mine hank G. Kirk Raab hand President and Chief Executive Officer GKR/saw THE WHITE HOUSE WASHINGTON June 9, 1992 MEMORANDUM FOR DAN McGROARTY FROM: ROGER B. PORTER RBP SUBJECT: Presidential Remarks: Five Minute Television Address on the Balanced Budget We have reviewed the attached remarks and have noted several suggested changes on 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 10 All 24 Document No. 332358 WHITE HOUSE STAFFING MEMORANDUM JMH EW -TA DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 12:00 NOON ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN A PETERSMEYER > BRADY PORTER BROMLEY CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P.M. TUESDAY, JUNE 9, with a copy to this office. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Crouse/Gershowitz Monday, June 8, 1992 6:12pm 2 JUN 8 P6: 26 [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need THE FEDERAL GOVERNMENT'S BUDGET to have some straight talk about our national deficit. With our AVERAGING federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more F convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. GOVERNMENT IS TOO BIE, 1 AND IT SPENDS TOO mucito 2 Right now, forty-four of our states have a constitutional balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. A And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's THE BACK of AN ENVELOPE no easy answer we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is A what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 6:56AM ; The White House- OPD;# 1 Document No. 332358 WHITE HOUSE STAFFING MEMORANDUM DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET 92 WEDNESDAY, JUNE 10, 1992 12:00 NOON 9 ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE > DARMAN PETERSMEYER > BRADY PORTER BROMLEY CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLID MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P.M. TUESDAY, JUNE 9, with a copy to this office. Thank you. RESPONSE: See comments. Thanks. PK (PCG comments). Tal Kortauta 06/09 PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 SENI DT.ABPOX relecopier 7020 , 0- 9-92 , 0.00AM , ine write nouse VPD.# 2 Crouse/Gershowitz Monday, June 8, 1992 6:12pm 2 JUN 8 P6: 26 [tvaddres.0 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need to have some straight talk about our national deficit. With our federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. 1 SENT BY:Xerox lelecopier 7020 ; 5- 9-92 ; 6:57AM ; ine white House-> UPD;# 3 in order to balance the bu Elget. I support a cap on raising taxes congress doesn't 2 more need money. any It Right now, forty-four of our states have a constitutional need balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget MP without shifting the funding burden along to the states; we must pay our own way. our future is at stake. None of us wants to saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely The Congress "sound" real. sperding $ - for every $1.00 it. takes desdelb is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### Document No. 332358 WHITE HOUSE STAFFING MEMORANDUM DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 12:00 NOON ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE ) DARMAN > PETERSMEYER BRADY PORTER BROMLEY CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P.M. TUESDAY, JUNE 9, with a copy to this office. Thank you. RESPONSE: ask them to Contact congressman - Carney PHILLIP D. BRADY Assistant to the President (phoned in) and Staff Secretary Ext. 2702 Crouse/Gershowitz Monday, June 8, 1992 6:12pm 2 JUN 8 P6: 26 [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need to have some straight talk about our national deficit. With our federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the not helpful American public agree -- government spending must be restrained to and the budget balanced. We are treating our national debt like Use polls the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. 1 2 Right now, forty-four of our states have a constitutional balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to saddle our grandchildren with a mountain of debt. Now is the A time to pass my Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### reconeiled 6/9/92 Crouse/Gershowitz Tuesday, June 9, 1992 3:43pm [tvaddres. fin] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 Tomorrow the House of Representatives faces a critical vote AND RIGHT NOW on the Balanced Budget Amendment. anced to have some straight talk about our national deficit. With our federal debt averaging $65,000 for the typical American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am convinced that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan. I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Eighty percent of the American public agree -- government spending must be restrained and the budget balanced. Government is too big and it spends too much. We are treating our national debt like the old fellow who borrowed money to pay off his loans. Inevitably someone, at some time must foot the bill. And, it is 1 2 simply wrong to walk away from this mountain of debt and leave it to our kids. Forty-four of our states have some kind of a constitutional requirement for a balanced budget. It's time for the federal government to follow their lead. We must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. Now is the time to pass a Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer that we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. A Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. There is no single action we can take that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### Crouse/Gershowitz Tuesday, June 9, 1992 3:29pm [tvaddres.fin] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 No Go backs We need to have some straight talk about the Federal to oug. Government's Budget. With our federal debt averaging $65,000 for the typical American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am convinced that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan. I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Eighty percent of the American public agree -- government spending must be restrained and the budget balanced. Government is too big and it spends too much. We are treating our national debt like the old fellow who borrowed money to pay off his loans. Inevitably someone, at some time must foot the bill. And it is simply wrong to walk away from this mountain of debt and leave it to our kids. 1 2 Forty-four of our states have some kind of a constitutional requirement for a balanced budget. It's time for the federal government to follow their lead. We must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. Now is the time to pass a Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer that we can jot out on the back Glank of an envelope to wipe out a deficit of that magnitude. But, passing the balanced Between budget amendment is a start ? We should not be willing to risk the real picture. our grandchildren's future because of sound-bites that disguise //60w/ The deficit is what's real. Congressional inaction is what's real. A Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced will budget be amendment. any more important There is than no single doing this action for we our can nation's take that //2 future. Thank you. May God bless you. And, may God bless the United States of America. ####### 30Thes Crouse/Gershowitz Monday, June 8, 1992 6:12pm [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] per + Dinith Thank you for this opportunity you We need Tomorrow the to visit Hof R faces with a anital vote The on to have some straight talk about our national deficit. With our BBA. More federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. 1 2 Right now, forty-four of our states have a constitutional balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### Document No. 332358 WHITE HOUSE STAFFING MEMORANDUM DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 12:00 NOON ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P M. TUESDAY, JUNE 9, with a copy to this office. Thank you. RESPONSE: comment PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Crouse/Gershowitz Monday, June 8, 1992 6:12pm 2 JUN 8 P6: 26 [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need to have some straight talk about our national deficit. With our federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more-convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. 1 2 Right now, forty-four of our states have a constitutional balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's that (gse) no easy answer we can jot out on a blank sheet of paper to wipe BUT PASSING THE BALANCED BUDgeT ANTENDMENT out a deficit of that magnitude. We should not be willing to IS A START, risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing - -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 8:56AM ; 4562983- 2024566218;#18 332358 Document No. WHITE HOUSE STAFFING MEMORANDUM DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 12:00 NOON ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P.M. TUESDAY, JUNE 9, with a copy to this office. Thank you. RESPONSE: see comments AP PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 8:56AM ; 4562983- 20245662181#19 Crouse/Gershowitz Monday, June 8, 1992 6:12pm 2 JUN 8 P6: 26 [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need to have some straight talk about our national deficit. with our federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan, # I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like or the old fellow who borrowed money to pay off his loans, Inertably and thought someone, that at took.care some dime of must his debt foot problem. the bill. And it is single woong to are this monntain of delet and leave it to our walk away from kids. 1 SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 8:56AM ; 4562983- 20245662181#20 2 some find 8 Right now, forty-four of our states have a constitutional for a isalansed budget. balanced budget requirement It's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us stronld wants to saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing - pass this balanced budget amendment. I'd say that there is no single one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET the WASHINGTON, D.C. 20503 1 JUN 09 1992 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 ULC/M C. Murr Associate Director for Legislative Reference and Administration Document No. 332358 WHITE HOUSE STAFFING MEMORANDUM DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 12:00 NOON ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER > BRADY PORTER BROMLEY CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P.M. TUESDAY, JUNE 9, with a copy to this office. Thank you. RESPONSE: See comments PHILLIP D. BRADY -R. Grady may respond Assistant to the President and Staff Secretary Ext. 2702 at a latee tence Crouse/Gershowitz Monday, June 8, 1992 6:12pm 2 JUN 8 P6: 26 [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need to have some straight talk about our national deficit. With our federal debt now equal to $65,000 for every American family of the typecal (ANDONSON) four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more-convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now 80% of the (ANDETZSON) 4630 American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. 1 (ANDERSON 4630) 2 Right now forty-four of our states have a constitutional balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to ANDERSON) 4630 of the saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced None budget. that be And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer we can jot out on a blank sheet of paper to wipe cc his" out a deficit of that magnitude. because of We should not be willing to risk our grandchildren's future on sound-bites that merely desguise the "sound" real. picture. The deficit is what's real. Congressional inaction is heepit A x what's real. My Constitutional amendment mandating a balanced here budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can Delete pluase take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. The belitter's the amendment! d suggest eather deleteng it, or reflowing ####### it with "duning my Presideney" or at least this you (ANDORSON) SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 2:16PM ; The White House-> 2024566218:# 1 THE WHITE HOUSE WASHINGTON June 9, 1992 MEMORANDUM FOR DAN McGROARTY FROM: ROGER B. PORTER RBP SUBJECT: Presidential Remarks: Five Minute Television Address on the Balanced Budget We have reviewed the attached remarks and have noted several suggested changes on the draft. Please let us know if you have any questions or if we may help in any other way. OC: Phillip D. Brady SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 2:16PM ; The White House- 2024566218:# 2 Document No. 332358 WHITE HOUSE STAFFING MEMORANDUM JMH EW -TA DATE: 6/8/92 ACTION/CONCURRENCE/COMMENT DUE BY: 3:00 P.M. TUES 6/9 PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS SUBJECT: ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 12:00 NOON ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY CALIO SMITH DEMAREST YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm 122, Ext. 2930, NO LATER THAN 3:00 P.M. TUESDAY, JUNE 9, with a copy to this office. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 2:17PM ; The White House- 2024566218:# 3 Crouse/Gershowitz Monday, June 8, 1992 6:12pm 2 JUN 8 P6: 26 [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need THE FEDERAL GOVERNMENT'S BUDGET to have some straight talk about national deficit. With our AVERAGING federal debt now agual to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am F convinced then ever I that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. GOVERNMENT IS TOO BIE, 1 AND IT SPENDS TOO mucho SENT BY:Xerox Telecopier 7020 ; 6- 9-92 ; 2:17PM ; The White House- 2024566218:# 4 2 Right now, forty-four of our states have a constitutional balanced budget requirement; it's time for the federal government to follow their lead. we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to saddle our grandchildren with at mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. A And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's THE BACK OF AN ENVELOPE no easy answer we can jot out on blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### Crouse/Gershowitz Monday, June 8, 1992 6:12pm [tvaddres.004] PRESIDENTIAL REMARKS: FIVE-MINUTE TELEVISION ADDRESS ON THE BALANCED BUDGET WEDNESDAY, JUNE 10, 1992 [12:00 NOON] Thank you for this opportunity to visit with you. We need to have some straight talk about our national deficit. With our federal debt now equal to $65,000 for every American family of four, I understand why the American people are fed up and why you are looking for change. I share your frustration and I'm determined to see things change. I am more-convinced than ever that a balanced budget amendment is the only way to force the federal government -- both the Congress and the Executive Branch -- to live within its means. In fact, the very first legislative proposal I made as President was a balanced budget plan -- I confidently presented a balanced budget constitutional amendment to the Congress. I asked our nation's elected leaders to put America's best interests first and to join me in reaching a goal that would benefit the nation now and in the future. Now, 80% of the American public agree -- government spending must be restrained and the budget balanced. We are treating our national debt like the old fellow who borrowed the money to pay off his loans -- and thought that took care of his debt problem. 1 2 Right now, forty-four of our states have a constitutional provisions for a balanced budget requirement; it's time for the federal government to follow their lead. And, we must balance the federal budget without shifting the funding burden along to the states; we must pay our own way. Our future is at stake. None of us wants to saddle our grandchildren with a mountain of debt. Now is the time to pass my Constitutional amendment mandating a balanced budget. And, let me caution Americans not to be taken in by bold blustering. We can't wheel-and-deal the deficit away. There's no easy answer we can jot out on a blank sheet of paper to wipe out a deficit of that magnitude. We should not be willing to risk our grandchildren's future on sound-bites that merely "sound" real. The deficit is what's real. Congressional inaction is what's real. My Constitutional amendment mandating a balanced budget is what's needed. For that reason, I need your help to encourage Congress to do the right thing -- pass this balanced budget amendment. I'd say that there is no one action we can take in upcoming weeks that will be any more important than doing this for our nation's future. Thank you. May God bless you. And, may God bless the United States of America. ####### 1032 June 9 / Administration of George Bush, 1992 tools with which to work, and you watch this I asked our Nation's elected leaders to put, country move forward. America's best interests first and to join me in reaching a goal whose benefits will be Thank you. And may God bless the United measured in jobs and opportunity for our- States. And be sure to reelect Arlen Specter selves and for our children. to the United States Senate. Thank you very much. Eighty percent of the American people agree: Government spending must be re- Note: The President spoke at 6:27 p.m. at strained and the budget balanced. Govern- Mumma Farm. In his remarks, he referred ment is too big, and it spends too much. We to Robert and Susan Mumma, owners of are treating our national debt like the old Mumma Farm; Elsie Hillman, Republican fellow who borrowed money to pay off his national committeewoman; publisher Walter loans. Inevitably, someone at some time must H. Annenberg, president of the M.L. foot the bill. It is simply wrong to walk away Annenberg Foundation; Robert C. Jubelirer, from this mountain of debt and leave it to president pro tempore, Pennsylvania State our kids. Senate; Matthew J. Ryan, Republican leader, Pennsylvania State House of Representatives; Forty-four of our States have some kind Anne Anstine, chairman, Republican State of a constitutional requirement for a bal- Committee; Herbert Barness, Republican na- anced budget. It's time for the Federal Gov- tional committeeman; Barbara Hafer, State ernment to follow their lead. We must bal- auditor general; Ernie Preate, State attorney ance the Federal budget without shifting the general; and Joe Paterno, Pennsylvania State funding burden along to the States. We must University football coach. pay our own way. Our future is at stake. Now is the time to pass a constitutional amend- ment mandating a balanced budget. Let me caution Americans not to be taken Address to the Nation on the in by bold blustering. We can't wheel and Balanced Budget Amendment deal the deficit away. There's no easy answer that we can jot out on a blank sheet of paper June 10, 1992 to wipe out a deficit of that magnitude. A balanced budget amendment is real action, Tomorrow the House of Representatives and it will work. We should not be willing faces a critical vote on the balanced budget to risk our grandchildren's future on sound amendment, and right now is the time for bites that merely sound real. The deficit is some straight talk about our national deficit. what's real. Congressional inaction is what's With our Federal debt averaging $65,000 for real. A constitutional amendment mandating the typical American family of four, I under- a balanced budget is what's needed. stand why the American people are fed up and why you are looking for change. I share For that reason, I need your help to en- your frustration, and I am determined to see courage your Congressman to do the right things changed. thing: Pass this balanced budget amendment. There is no single action that we can take I am convinced that a balanced budget that will be any more important than doing amendment is the only way to force the Fed- this for our Nation's future. eral Government, both the Congress and the executive branch, to live within its means. Thank you, and may God bless you, and In fact, the very first address to Congress I may God bless the United States of America. made as President included a call for a bal- anced budget. Note: This address was recorded at 2:35 p.m. I confidently presented a balanced budget in Room 459 of the Old Executive Office constitutional amendment to the Congress. Building for broadcast after 4 p.m.