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<DOC> [Weekly Compilation of Presidential Documents] [frwais.access.gpo.gov] [Page i-ii] Monday, January 16, 1995 Volume 31--Number 2 Pages 31-60 Contents [[Page i]] Weekly Compilation of Presidential Documents [[Page ii]] Addresses and Remarks California floods--42, 48 Illinois Carl Sandburg Community College in Galesburg--33 Galesburg High School--39 Ohio, White House Conference on Trade and Investment in Central and Eastern Europe in Cleveland--51 Radio address--31 Interviews With the News Media Exchanges with reporters in the Cabinet Room--42 News conference, January 26 (No. 83) with Prime Minister Murayama of Japan--43 Meetings With Foreign Leaders Japan, Prime Minister Murayama--42, 43 Proclamations Martin Luther King, Jr., Federal Holiday--49 National Good Teen Day--49 Statements by the President Albania, bilateral investment treaty--57 California floods, disaster assistance--41 Central and Eastern Europe, investment funds--57 Democratic National Committee--50 Latvia, bilateral investment treaty--57 Mexico, economic situation--48, 51 Supplementary Materials Acts approved by the President--60 Checklist of White House press releases--59 Digest of other White House announcements--57 Nominations submitted to the Senate--58 Editor's Note: The President was in Cleveland, OH, on January 13, the closing date of this issue. Releases and announcements issued by the Office of the Press Secretary but not received in time for inclusion in this issue will be printed next week. Beginning with Volume 31--Number 1, January 9, 1995, a cumulative index to previous issues will no longer be printed in each issue. Indexes will be published quarterly and distributed separately. WEEKLY COMPILATION OF ------------------------------ PRESIDENTIAL DOCUMENTS Published every Monday by the Office of the Federal Register, National Archives and Records Administration, Washington, DC 20408, the Weekly Compilation of Presidential Documents contains statements, messages, and other Presidential materials released by the White House during the preceding week. The Weekly Compilation of Presidential Documents is published pursuant to the authority contained in the Federal Register Act (49 Stat. 500, as amended; 44 U.S.C. Ch. 15), under regulations prescribed by the Administrative Committee of the Federal Register, approved by the President (37 FR 23607; 1 CFR Part 10). Distribution is made only by the Superintendent of Documents, Government Printing Office, Washington, DC 20402. The Weekly Compilation of Presidential Documents will be furnished by mail to domestic subscribers for $80.00 per year ($137.00 for mailing first class) and to foreign subscribers for $93.75 per year, payable to the Superintendent of Documents, Government Printing Office, Washington, DC 20402. The charge for a single copy is $3.00 ($3.75 for foreign mailing). There are no restrictions on the republication of material appearing in the Weekly Compilation of Presidential Documents. [[Page 31]] <DOC> [Weekly Compilation of Presidential Documents] [frwais.access.gpo.gov] [Page 31-32] Monday, January 16, 1995 Volume 31--Number 2 Pages 31-60 Week Ending Friday, January 13, 1995 The President's Radio Address January 7, 1995 Good morning. Now that the holidays are over, it's back to business around the country and back to the people's business here in Washington. I'm looking forward to working with the new Congress. If they'll put politics as usual aside and put the American people and our future first, we've got a great opportunity to make progress on our mission: restoring the American dream of opportunity to all Americans and making sure we enter the next century, now just 5 years away, still the strongest and greatest nation in the world. Earlier this week, I met at the White House with Republican and Democratic congressional leaders. I challenged them to work with me and with each other, and they assured me that they are willing to cooperate. Many of the toughest decisions we made in the last 2 years are paying off for us now. We've reduced the deficit by $700 billion; that's $11,000 in less debt for every family in America. We've cut the Federal Government, eliminating over 100 programs, and there are already 100,000 fewer people working for the Federal Government than when I took office. We've taken the savings and invested in the American people, in their education and training by expanding Head Start and apprenticeship programs and making college loans more affordable to 20 million people, providing the opportunity for national service to thousands of others. Just yesterday, we saw new evidence that this economic strategy that has been pursued with such discipline over the last 2 years is still working. Unemployment is now down to 5.4 percent from over 7 percent when I took office; 5.6 million new jobs have been created in the almost 2 years since I became President. Nineteen ninety-four was the best year for job growth in a decade. And the vast majority of these new jobs are in the private sector. This was the first year that manufacturing jobs increased in every month since 1978. These new jobs are a testament to what can be accomplished when we combine the phenomenal ability and productivity of American businesses and workers with responsible and visionary political leadership willing to make tough choices. I will work with the new Congress to keep this recovery going. I will not go back to the failed policies of the past, which may have short-term attraction but will undermine our economic future. We've still got a lot more to do, things that we must do in the months ahead. Because for all the good statistics and all the legislative accomplishments of the last 2 years, the average American simply is not receiving enough benefit from this recovery. And Republicans and Democrats have to work together to change that. Here's the problem: For about 20 years, the incomes of Americans without college educations have been stagnant. They've been working harder for the same or less income; their benefits are less secure. What caused this? Technology and the global competition that we face mean that even when the economy is growing, inflation is low, and that's good. But wages often don't go up either, and that's not. There's a bigger educational premium than ever before. That is, workers who have more education are more likely to have higher incomes compared with workers without than at ever before in our history. What's the answer to this dilemma? First, we have to create more high-wage jobs. I'm heartened that in 1994 we had more high-wage jobs coming into our economy than in the previous 5 years combined. But second, and even more important, we have to get more education and training opportunities to all of our people and an increase to take-home income of middle class Americans. [[Page 32]] That's why I want Congress to adopt what I call the middle class bill of rights, four new ideas to help middle class Americans build a future that lives up to their dreams. Like the GI bill of rights after World War II, the middle class bill of rights will help people go to college, raise their children, and build a future. Like the best of all Government programs, the middle class bill of rights offers opportunity, not a guarantee; it emphasizes personal responsibility; and it's open to all so that it can help build the strength of our entire American community. Now, anybody can say, ``I want to give you a tax cut,'' and make people very happy in the short run. What I want to do is cut taxes so that people can invest in the education of their children and in their own education in training and skills. That will raise incomes and lead to a stronger America. I want our people to have more than a quick fix. I want them to have the resources they need to fulfill their hopes and dreams over the long term. Here's what's in the middle class bill of rights: first, a tax deduction for the tuition costs, up to $10,000, of all education after high school, for college, community college, graduate school, professional school, vocational education, or worker training for families with incomes of $120,000 or less; second, for families with incomes of $75,000 a year or less, a tax cut phased up to $500 for every child under 13; third, for those with incomes of under $100,000, the ability to put $2,000 a year, tax-free, into an individual retirement account, but also the ability to withdraw that money, tax-free, not just for retirement but for education, for health care, for the care of an elderly parent, or to buy a first home. Finally, the middle class bill of rights will take the billions and billions of dollars Government now spends on a variety of job training programs and consolidate that money and instead make it directly available to working Americans, so that when people are eligible for the funds, because they lose a job or because they're training for a better job, they'll be able to get the cash and spend it where they want in the education program of their choosing. Every single penny of this middle class bill of rights proposal is paid for by dramatic cuts in Government that I've proposed. We have led the way to the largest 2-year deficit reduction in the history of our country, and I will not allow anyone to destroy this progress in reducing the deficit and to threaten our economic recovery. We've already seen that progress is possible in Washington this year. The House of Representatives this week voted to apply the laws that apply to the rest of America to Congress. That's long overdue. They did that last year, but the Senate didn't follow suit. I hope the Senate will follow suit now. But we have to do more to change politics as usual. We desperately need to pass lobbying reform. The lobbyists didn't go away with the last election, and we still believe that they shouldn't be allowed to give gifts, entertainments, or trips to lawmakers. Unfortunately this week, the new majority in Congress voted not to enact lobby reform--at least for now. It's not too late for them to do it, and I urge them to do it as quickly as possible. If we want middle class Americans to benefit from what we do, then the public interest, not those of special interest, should have the loudest voice in Washington. That's why I'll apply one simple test to every policy, every piece of legislation that comes before me: Does it advance the interests of average American families? Does it promote their values, build their future, increase their jobs and incomes? If it passes that test, I'll support it, and if it doesn't, I won't. If we work together to do the job the American people hired us to do, 1995 will be a terrific year for all Americans who work hard and play by the rules. We've seen for too long how people in Washington can obstruct progress for partisan gains. Now, sincerely, we must prove that we can work together to keep our country moving forward for America's gain. Thanks for listening. Note: The President spoke at 10:06 a.m. from the Oval Office at the White House. [[Page 33]] <DOC> [Weekly Compilation of Presidential Documents] [frwais.access.gpo.gov] [Page 33-39] Monday, January 16, 1995 Volume 31--Number 2 Pages 31-60 Week Ending Friday, January 13, 1995 Remarks at Carl Sandburg Community College in Galesburg, Illinois January 10, 1995 Thank you for that wonderful and warm welcome. It is wonderful to be here. Thank you, Dr. Crist, for making me feel so much at home. Thank you, Congressman Evans, for coming down, and Congressman Poshard, delighted to see you. And Mayor Kimble, thank you for making me feel welcome here. The representatives of Knox College and Blackhawk Community College as well as Carl Sandburg Community College, I'm glad to see all of you here. I'm glad that Secretaries Reich and Riley came with me, and I understand they have already spoken, which makes anything I say perhaps redundant. [Laughter] I met a college president the other day. He looked at me and said, ``I've got a lot of sympathy with you. Being President is just like running a cemetery. You've got a lot of people under you, and nobody is listening.'' [Laughter] I want to begin by saying how very, very happy and proud I am to be here today. I believe as strongly as I can state that community colleges represent the very best of America in 1995 and where we need to go as a country with all of our institutions, community based, flexible, committed to quality, opportunity for everyone, with a real sense of community. I'm honored to be here, and I'm honored to have all of you here.
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