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pd26mr01 Joint Statement With Prime Minister Yoshiro Mori...
<DOC> [Weekly Compilation of Presidential Documents] [frwais.access.gpo.gov] [Page i-ii] Monday, March 26, 2001 Volume 37--Number 12 Pages 463-508 Contents [[Page i]] Weekly Compilation of Presidential Documents [[Page ii]] Addresses and Remarks See also Meetings With Foreign Leaders Catholic leaders--482 Florida American College of Cardiology convention in Orlando--478 SENIORS FIRST luncheon in Orlando--482 Maine, Chamber of Commerce in Portland--495 National Energy Policy Development Group, meeting--469 National Newspaper Association Government Affairs Conference--483 Pope John Paul II Cultural Center, dedication--490 Radio address--463 U.S. Hispanic Chamber of Commerce--466 Virginia, Central Intelligence Agency employees in Langley--476 Women business leaders--470 Bill Signings Federal ergonomics regulations, statement on legislation to repeal-- 477 Interviews With the News Media Exchanges with reporters Cabinet Room--469 Capitol Hill--489 Langley, VA--478 Interviews With the News Media--Continued Oval Office--463, 474, 491 Portland, ME--493 Joint Statements Japan, Prime Minister Mori--464 Letters and Messages Disaster assistance to Maine, letter to Gov. Angus S. King, Jr.--478 Meetings With Foreign Leaders China, Vice Premier Qian--491 Israel, Prime Minister Sharon--474 Japan, Prime Minister Mori--463 Proclamations Education and Sharing Day, U.S.A.--493 Statements by the President See also Bill Signings Faith-Based Initiative, statement on legislation to implement--483 Supplementary Materials Acts approved by the President--508 Checklist of White House press releases--507 Digest of other White House announcements--501 Nominations submitted to the Senate--503 Editor's Note: The Weekly Compilation of Presidential Documents is also available on the Internet on the GPO Access service at http:// www.gpo.gov/nara/nara003.html. 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 463]] <DOC> [Weekly Compilation of Presidential Documents] [frwais.access.gpo.gov] [Page 463] Monday, March 26, 2001 Volume 37--Number 12 Pages 463-508 Week Ending Friday, March 23, 2001 The President's Radio Address March 17, 2001 Good morning. For several months, economic indicators have pointed toward a slowdown, and now many Americans are beginning to feel its impact in your lives. The stock market is causing worries; high energy prices are straining family budgets; and some American workers and small-business people have been directly affected by layoffs and slowing retail sales. We have been hearing too much troubling economic news. It is time for the United States Congress to give Americans some good economic news: tax relief for everyone who pays income taxes. This would be good news for families struggling to pay off debt and to save for the future. It would be good news for small businesses that need customers with money to spend. And it would be good news for our broader economy; good news for economic growth and job creation and consumer confidence. The House of Representatives has already passed a large part of my tax relief plan. Now it is up to the Senate. It is only common sense to give our economy a boost in a slowdown. Yet tax relief is more than common sense; it is a matter of principle. My tax relief plan is also a tax reform plan. It corrects some of the worst, most unfair abuses in our current tax system. And I would be recommending these changes in any economic circumstance. On principle, our Tax Code should reward hard work and overtime by men and women struggling to enter the middle class. Right now they face some of the highest marginal rates in the Tax Code. So we lower those rates to encourage their dreams. On principle, our Tax Code should honor family. That's why we double the per-child tax credit and reduce the marriage penalty. On principle, no one in America should have to pay more than a third of their paycheck to the Federal Government. So we reduce tax rates for everyone in every bracket. On principle, every family, every farmer, and small-business person should be free to pass on their life's work to those they love. So we abolish the death tax. These are not Republican principles or Democratic principles; these are principles that are shared by Americans in both parties, and Americans in no party. This is the reason my tax relief plan has so much momentum. Americans want our Tax Code to be reasonable and simple and fair. These are goals that unite our country, and these are goals that have shaped my plan. The Senate should act quickly on my plan for two good reasons: First, tax relief is good news for our economy, which needs some good news. Second, my tax reform plan will treat everyone fairly. If you agree with me, I hope you'll tell your Senator that you agree. Together we can help make our Nation more prosperous and our tax system more fair. Thank you for listening. Note: The address was recorded at 1:06 p.m. on March 16 in the Oval Office at the White House for broadcast at 10:06 a.m. on March 17. The transcript was made available by the Office of the Press Secretary on March 16 but was embargoed for release until the broadcast. <DOC> [Weekly Compilation of Presidential Documents] [frwais.access.gpo.gov] [Page 463-464] Monday, March 26, 2001 Volume 37--Number 12 Pages 463-508 Week Ending Friday, March 23, 2001 Remarks Prior to Discussions With Prime Minister Yoshiro Mori of Japan and an Exchange With Reporters March 19, 2001 President Bush. It's my honor to welcome the Prime Minister of our close friend to the Oval Office. Mr. Prime Minister, welcome. This meeting is an important meeting because it gives us both a chance to confirm the importance of our relationship. We view Japan as a very strong friend and ally, and [[Page 464]] that's the way it's going to be during my administration. And we've got such a good friendship and such a strong alliance that we're able to overcome occasional problems that might arise. We can do so in the spirit of friendship. So I'm honored that the Prime Minister is here. We're going to have a--we'll discuss a lot of issues: we'll discuss our economies; we'll discuss trade; we'll discuss our alliance and how best to work together to keep the peace. I'm looking forward to a very fruitful and important discussion. Mr. Prime Minister. Prime Minister Mori. I have spoken to President Bush over the phone three times, but I am delighted today that I am able to have a face-to- face meeting with the President. In today's meeting, as the President just said, I would like to reaffirm the strong alliance between Japan and the United States and would like to discuss a very--a broad range of issues, including various issues in international affairs, and would like to set out the fundamental direction in which the Japan-U.S. alliance should head in the 21st century. I would like to explain the various measures which our Government has taken so that the Japanese economy will have a fully sustainable economic growth. And I'd like to express my strong determination to pursue necessary policies for that. I'd also like to express to the President my hope that United States will take appropriate macroeconomic policies to deal with the U.S. economy that is slowing down. Bank of Japan's Zero-Interest-Rate Policy [At this point, a question was asked in Japanese, and no translation was provided.] Prime Minister Mori. I, of course, will be explaining to the President the decision made by the Bank of Japan yesterday, and I sincerely hope that it will have--and I am certain that it will have a positive effect on our economy. National Economy Q. Mr. President, with both the Japanese and the American economies in such fragile states, could you explain how you see the interrelationship between the economies and what you'd like to see the Japanese Government do to address its problems and particularly in the financial sector? President Bush. First, we've got to get our own economy growing the way I know it can. That's why I'm advocating tax relief and free trade regulatory relief. And I look forward to explaining to the Prime Minister that we do have a plan to give our economy a second wind. I'm very confident about our economy. I know it can beat expectations. I will explain that to him, as clearly as I can, about when our policies are in place, how optimistic I am about economic growth. And secondly, I look forward to hearing Japan's view of reform, internal reform. I'm confident that's going to be a large part of our discussions today. The interrelationship between our two economies is important. When you combine our economies, we represent about 40 percent of the gross domestic products of all the nations added up. And that's a very important--and therefore, our economies are very important to the world. And the stronger we are, the more likely it is there will be prosperity in other parts of the world. And so this is going to be a very important part of our discussion. Note: The President spoke at 10:55 a.m. in the Oval Office at the White House. Prime Minister Mori spoke in Japanese, and his remarks were translated by an interpreter. A tape was not available for verification of the content of these remarks. <DOC> [Weekly Compilation of Presidential Documents] [frwais.access.gpo.gov]
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