From: lazarus@wixer.cactus.org (Michael Lax)
Subject: 1992 REPUBLICAN PLATFORM (3/5)
Organization: Real/Time Communications
Distribution: usa
Date: Sun, 4 Oct 92 04:21:51 GMT


        *Security and Opportunity in a Changing Economy*

     Our economy is people, not statistics.  The American people,
not government, rescued the United States from an economic
collapse triggered by Democrats in the 1970s.  Crippled by taxes,
robbed by inflation, threatened by controls, stunned by interest
rates, the people ended America's decline and restored hope
across our country and around the world.

     We launched an era of growth and prosperity such as the
world had never seen:  20 million new jobs in the longest
peacetime economic expansion in the history of the Republic.  We
curbed the size and power of the federal establishment.  We
lowered tax rates.  We restored a sound dollar.  We unleashed the
might of free people to produce, compete, and triumph in free
markets.  We gave them the tools; they completed the job.

     During the 1980s and into the present decade, the U.S.
economy once again became the engine of global growth.  Inflation
has fallen to its lowest level in 30 years.  Interest rates
dropped 15 percentage points.  Productivity has sharply risen. 
Exports are booming.  Despite a global downturn in late 1990,
real economic growth resumed last year and has continued for five
consecutive quarters.  With low interest rates and low inflation,
the American economy is poised for stronger growth through the
rest of the 1990s.  Keeping inflation and interest rates low and
stable through a sound monetary policy is essential for economic
growth.

     These gains were made in spite of the leaders of the
Democrat Party.  They continue to delay and defeat the
President's agenda for growth, jobs, and prosperity.  Spending
faster than ever, they blocked Republican reforms that would have
saved billions of wasted taxpayer dollars.  They refused to give
the President a line-item veto to curb their self-serving pork-
barrel projects.

     The congressional Democrat Leadership killed the Taxpayer
Protection Amendment for a balanced budget in the Democrat-
controlled House of Representatives.  It was supported by 98
percent of the Republican Members; 57 percent of the Democrat
Members voted no.  Then they rigged parliamentary procedures to
forbid a vote on that Amendment in the Democrat-controlled
Senate.  Every Republican Senator voted twice to end the
filibuster, while more than 70 percent of the Democrats voted,
twice, to keep the filibuster going.  Their nominee this year for
the Vice Presidency supported the filibuster and spurned the
Balanced Budget Amendment.

     They played citizens against one another, wallowing in the
politics of hate and envy to smear the wonder of social mobility. 
They lied about America's achievement in the 1980s, rewriting
history to erase the true accomplishments of the American people.

*Keeping what you earn.*  The test of economic policy is whether
it promotes economic growth and expands job opportunities.  Lower
taxes and an expanding economy depend on long term, consistent
restraint in growth of federal spending.

     In 1990, as the deficit was threatening to balloon and
further harm the economy, the President pushed for cuts in
government spending overall and for caps on mandatory spending. 
The Democrat Congress insisted, however, on a tax hike as their
price for controlling spending.  In short, the Democrats held the
U.S. economy -- and U.S. jobs -- hostage in order to raise taxes,
much as they had done to President Reagan.

     Just as they did with President Reagan, the Democrat-
controlled Congress promised President Bush they would abide by
binding controls on federal spending; and just as with President
Reagan, they broke their word.  Republicans will not again agree
to such a program.

     This year, to create jobs and promote growth, President Bush
submitted a program of tax cuts and incentives designed to get
the economy moving again -- a program very similar to one he had
sent to Congress in early 1990.  The Democrats' response was
predictable -- instead of cutting taxes, they passed a $100
billion tax increase that would have smothered growth and jobs. 
The President, true to our Republican philosophy, vetoed this tax
hike, and sustained his veto with the support of Republicans in
Congress.

     Now a new Democrat nominee comes forward with his plan for
the economy.  With a clean piece of paper, and every opportunity
to end his party's romance with taxes, he has instead proposed
the largest tax increase in American history.  His tax increases,
his proposed mandated benefits on small firms, and his further
reductions in defense would cost the jobs of 2.6 million
Americans.  With his present spending increases, his plan would
greatly increase the federal budget and the deficit.

     The simple truth for the American people is this:  The only
safeguard between themselves and Democrat tax increases is the
use of the veto by George Bush and enough Republican votes in
Congress to sustain it.

     The truth is that the Democrat philosophy of bigger
government and rigorous redistribution of income requires them to
push for ever increasing spending and ever higher taxes.

     The choice is clear -- between George Bush, who vetoes tax
increases, and his opponent, who proposes a $150 billion tax
increase.

     Our Republican position is equally clear:  we will oppose
any attempt to increase taxes.  Furthermore, Republicans believe
that the taxes insisted on by the Democrats in the 1990 budget
agreement were recessionary.  The Democrat Congress held
President Bush and indeed all Americans hostage, refusing to take
even modest steps to control spending, unless taxes were
increased.  The American economy suffered as a result.  We
believe the tax increases of 1990 should ultimately be repealed.

     Just as history shows that tax increases destroy jobs and
economic growth, it also shows that the proper path to create
jobs and growth is tax rate reduction.

     We commend those congressional and senatorial candidates who
pledge to oppose tax rate increases.

     As the deficit comes under control, we aspire to further tax
rate cuts, strengthening incentives to work, save, invest, and
innovate.  We also support President Bush's efforts to reduce
federal spending and to cap the growth of non-Social Security
entitlements.

     Republicans want individuals and families to control their
own economic destiny.  Only long-term expansion of our economy
and jobs can make the American dream a reality for generations to
come.  That is why demand that the Congress do what President
Bush called for last January:  open a new era of growth and
opportunity by enacting his comprehensive plan for economic
recovery, including a reduction in the capital gains tax; an
investment tax allowance; a $5,000 tax credit for first-time home
buyers; a needed modification of the "passive loss rule"; a $500
increase in the personal income tax exemption; making permanent
the research and development tax credit; and the passage of
federal enterprise zone legislation.

     We support restoring the deductibility of IRAs for all
Americans, including full-time homemakers, and encourage savings
for education and home ownership through Family Savings Accounts. 
The President's Family Savings Accounts will be an impetus to the
economy.  Let families use their IRAs for first time home
purchases, for college education, and for medical emergencies.

     We will cut the capital gains tax rate to 15 percent -- zero
in enterprise zones -- and index it so government cannot profit
from inflation by taxing phantom capital gains, literally
stealing from savings and pensions.

     We reject the notion advanced by Democrats that this
enhances the wealthy.  To the contrary, it would encourage
investment, create new jobs, make capital available for business
expansion, and contribute to economic expansion.

     Reducing the tax on investment will be the biggest possible
boost for the new technologies, businesses, and jobs we need for
the next century.  If government taxes capital gains at such a
high rate that there is no incentive to take risks, to build
businesses, to invest, to create jobs, or to better oneself, then
jobs and small businesses vanish and everyone's opportunities are
diminished.

     Cutting the rate, on the other hand, will help supply seed
capital where it is needed most -- in our poorest communities. 
Refusing to cut it will handcuff America in international
competition and will shackle aspiring entrepreneurs in inner
cities and poor rural areas.  To encourage investment in new
technologies, we will make permanent the research and development
tax credit.  For the same reason, we want to expand deductibility
for investments in new plant and equipment.

     _We support further tax simplification._  The tax code
should create jobs for Americans, not profits for tax lawyers,
lobbyists, and tax-shelters.  Small businesses should spend more
time hiring and producing, not filling out IRS forms.

     _We oppose taxing religious and ethnic fraternal benefit
societies_ because of their vital role in fostering charity and
patriotism.

     _We also oppose tax withholding on savings and dividends._

     _We applaud the efforts by President Bush to help workers
who change jobs by enhancing the portability of pensions._

     Leading Democrat Members of Congress have called for a
national sales tax, or European style Value Added Tax (VAT),
which would take billions of dollars out of the hands of American
consumers.  Such a tax has been imposed on many nations in Europe
and has resulted in higher prices, fewer jobs, and higher levels
of government spending.  Republicans oppose the idea of putting a
VAT on the backs of the American people.

     Republicans believe in expanding the economy.  Jobs and
growth are our answer to the future.


*The Future is the Family.*  The most dramatic change in the tax
code in our lifetime is one that has never been explicitly
enacted by Congress or reported as a specific news event.  It is
the gradual, year by year erosion of the personal exemption,
until it was indexed by a Republic Administration in 1986.

     Republicans also led the way in the 1980s by increasing the
personal exemption from $1500 to $2000.  This platform calls for
another immediate increase of $500, but in the long run we are
committed to fully restoring the inflation-adjusted value of the
personal exemption.  This will require reductions in federal
spending, which is why the best hope for tax fairness for
America's families lies in a Republican Congress.

*Liberation Through Deregulation.*  Government regulation is a
hidden tax on American families, costing each household more than
$5,000 every year.  It stifles job creation and hobbles our
national competitiveness.  The "Iron Triangle" of special
interests, federal bureaucrats, and Democrat congressional staff
is robbing consumers and producers alike.

     We support President Bush's freeze on new regulations.  We
applaud his Competitiveness Council, under Vice President Quayle,
for fighting the regulatory mania, saving the public $20 billion
with its initial 90-day moratorium on new regulations and
billions more under the current 120-day freeze.  We call for a
permanent moratorium until our regulatory reforms are fully in
place.  They include market-based regulation, cost-benefit
analysis of all new rule-making, and a Regulatory Budget that
will make Congress admit -- and correct -- the harm it does by
legislation that destroys jobs and competitiveness.

     We recognize that property rights are being endangered by
government over-regulation.  We reaffirm the Constitutional right
to private ownership of property; this right is paramount in our
free society.  Every rule that reduces the value of private
property is what our Constitution calls a "taking."  This under-
the-table taxation is unfair, immoral, and economically
destructive.  We support legislation to require full compensation
of property owners who are victims of regulatory takings.

*Home ownership.*  The best housing policy is a non-inflationary,
growing economy that has produced low mortgage rates and has made
housing more affordable.

     We demand Congress enact President's [sic] Bush's housing
program introduced as part of his pro-growth package in January.

     Provide a $5,000 tax credit for first-time home buyers and
allow them penalty-free IRA withdrawals.

     Set a modified "passive loss rule" for active real estate
investors.

     Extend tax preferences for mortgage revenue bonds and low-
income housing.

     And allow deductions for losses on personal residences.

     The average American's home is his or her primary asset. 
That asset should be completely shielded from federal taxation,
allowing the homeowner to maintain it or access it as he or she
sees fit.  We call for the complete elimination of the capital
gains tax on the sale of a principal residence.

     Owning a home is not just an investment.  It is a commitment
to the community, a guard against crime, a statement about family
life.  It is a crucial component of upward mobility.  To advance
these goals, Republicans are determined to preserve deductibility
of mortgage interest.

     Bureaucratic government imposes too many regulatory barriers
to affordable housing.  These barriers must come down.

     We applaud efforts in the States to lower property taxes,
which strike hardest at the poor, elderly, families with
children, and family farmers.  We advocate repeal of rent control
laws, which help the affluent and hurt low-income families by
causing housing shortages.

     We support the FHA mortgage insurance program, the
Government National Mortgage Association, the VA guarantee
program, and other programs that enhance housing choices for all. 
We urge federal departments and agencies to work with the private
sector to bring foreclosed housing stock back into service as
soon as possible.

     We reaffirm our commitment to open housing, without quotas
or controls, as part of the opportunity we seek for all.

     For low-income families, the Republican Party stands for a
revolution in housing by converting public housing into homes
owned by low-income Americans.  President Bush is eager to work
closely with the States to fight and win a new conservative war
on poverty.  The truest measure of our success will not be how
many families we add to housing assistance rolls but, rather, how
many families move into the ranks of homeownership.  But every
part of that opportunity agenda has been thwarted by landlord
Democrats in Congress.  We ask the electorate:  End the
strangulation of divided government.  Give Republicans the chance
to move housing policy off the Democrat Party plantation into the
mainstream of American life.  Resident management and ownership
of public housing reflect this American mission, not only to
assure political freedom but to allow all our fellow citizens to
build a better life for themselves and their children.

     Congressional Democrats have consistently blocked efforts to
repeal the earnings test which prevents people over age 65 from
keeping their jobs and remaining productive members of the
workforce.  The Social Security earnings test discriminates
against senior citizens.  These senior citizens have to pay the
highest marginal tax rate of any Americans.  We support repeal of
the Social Security earnings test.

*Controlling Government Spending.*  For 12 years, Republicans in
the White House and Congress have battled a Democrat system
corrupt and contemptuous of the American taxpayer.  Our
Republican Presidents have vetoed one reckless bill after
another.  But liberal Democrats still control a rigged machine
that keeps on spending the public's money.

     The only solution is for the voters to *end divided
government* so that a Republican Congress can enact the Balanced
Budget Amendment, requiring a super-majority for any future tax
increases.  And since the Democrat-controlled Congress has
consistently voted down a line-item veto amendment for the
President to control specific wasteful pork barrel spending, a
Republican Congress will adopt a line-item veto for the
Presidency, restore Presidential power to rescind spending and to
lower specific appropriations.

     Deficits have grown as Democrat Congresses have converted
government assistance programs into entitlements and allowed
spending to become uncontrolled.  A Republican Congress, working
with a Republican President, will consider non-Social Security
mandatory spending portions of the federal budget when looking
for savings.

     When legislators and bureaucrats waste tax money, they
deserve to lose their jobs.  When they save money, they deserve
praise.  When federal programs have outlived their usefulness,
they deserve a decent burial.  When federal judges dare to seize
the power of the purse, by ordering the imposition of taxes, they
should be removed from office by the procedures provided by the
Constitution.

     The latest Democrat scam is to raise taxes for "investment"
-- a code word for more government spending.  A Republican
Congress will foster investment where it does the most good, by
individuals within the private sector.

*Job Creation and Small Business Opportunities.*  The engines of
growth in a free economy are small businesses and jobs.  Almost
99 percent of all businesses in America are considered small. 
Small business is the backbone of the American economy.  For the
past 12 years it has led the way in economic growth.

     Small business generates 67 percent of all new jobs. 
Employment in industries dominated by small business increased
more than twice as fast as in industries dominated by large
businesses.  Small business plays a critical role in America's
economic health.  What happens on Main Street drives what happens
on Wall Street.

     To create jobs and keep small business growing, the
Republican Party supports increased access to capital for
business expansion, exporting, long term investment, opportunity
capital for the disadvantaged, and capital to bring new products
and new technology to the market.

     The Republican Party enthusiastically encourages the passage
of federal enterprise zones.  Enterprise zones have been
effective programs for promoting growth in urban and rural
America.  Republicans believe that the concept of enterprise
zones is based on unyielding faith in the entrepreneurial spirit
of Americans.  Enterprise zones foster individual initiative and
government deregulation.  The States have come a long way in
developing successful enterprise zone programs.  State programs
could only benefit from federal efforts.  Congress should follow
the lead of President Bush and HUD Secretary Jack Kemp in passing
the federal enterprise zone program that will empower communities
by reducing government regulation and taxation.

     The implementation of enterprise zones as an incentive for
job creation and business development is also essential to
further job and business opportunities.  These efforts are
bolstered by continued support of job training and minority
business development programs, which have been created and
implemented by the President's Administration within the last
three years.  This is of special import to women, who own 32
percent of the Nation's businesses, most of them small ones.

     Because the regulation of securities markets bars most small
businesses from easy access to capital, we also support the Small
Business Administration's Section 7(a) loan guarantee program and
similar efforts that essentially compensate for the burdens
government itself imposes upon entrepreneurs.

*Leading the Information Age.*  The Nation's telecommunications
infrastructure will be essential to growth and competitiveness in
the information age.  The most far-reaching transformation of
daily life since the harnessing of electricity will mean
unprecedented opportunity for rural areas, reduced commuting,
health care in the home, and empowerment for the disabled.

     Today, however, government policy at both the federal and
State levels is standing in the way of this telecommunications
progress.  Existing judicial, legislative, and regulatory market
allocation schemes constitute a counterproductive industrial
policy by prohibiting the full participation by all providers in
all segments of the telecommunications marketplace.  We need to
liberate this future-oriented technology and, in turn, empower
the American people by giving consumers a truly competitive
choice and lower prices.

     As a result, we Republicans believe that full and open
competition in the telecommunications marketplace is the most
effective means for the U.S. to achieve our goal of having the
most technologically advanced telecommunications infrastructure
in the world.

*Jobs Through Science and Technology.*  We believe technology
holds the key to America's future -- and the future is bright. 
America is not in decline.  America is still the land of
opportunity.  The new horizon is science and technology.  New
discoveries, new challenges, and new opportunities await us. 
Science and technology offer us change -- exciting, dramatic, and
positive change in the well-being of every American.

     Scientific research and development in genetics,
biotechnology, and electronics will provide better, more
affordable health care for all Americans.  Distance learning,
through technology, will help bring exciting, quality, affordable
education to all students, even in rural areas and inner cities. 
Technology will help us conquer disease, protect the environment,
and provide a more abundant, healthier food supply.  And
technology will lead to better jobs and a better quality of life
for all of us -- and for our children and your children's
children.

     Scientific and technological developments in
telecommunications, high performance computers, high speed data
networks, digitization, advanced software, biotechnology, high
energy physics, advanced materials, superconductors,
manufacturing processes, energy, transportation, agriculture,
oceanography, atmospheric studies, geological research, space,
and the environment are some of the keys to increases in
productivity.  And increases in productivity will create economic
growth and a higher standard of living for all of us.  Technology
is also critical to our national defense.

     We believe America must make technological development one
of its highest priorities.  We therefore support efforts to
promote science and technology -- providing funding for basic
research, supporting investment in emerging technologies,
improving education in science and engineering, enhancing tax
credits for research and development, eliminating unnecessary
regulation to create competitive markets, and protecting
intellectual property.  We further support efforts to increase
the pace of technology transfer from the government to the
private sector, where the fruits of this research can be used in
the free market to create new processes, products, and most
important, jobs.

     We believe these policies will make us internationally
competitive and will lead to a bright and prosperous future for
our Nation.

     President Bush has provided leadership in this area by
developing budgets allocating major new resources to scientific
endeavors.  The National Science Foundation, the National
Institutes of Health, the National Aeronautics and Space
Administration (NASA), and the research and development program
in the Departments of Energy and Commerce have all become budget
priorities under the President's leadership.  The sad fact is,
however, that the Democrat Congress has cut steadily and sharply
in science areas in order to expand spending on social programs. 
This is short-sighted; the truth is that American innovation in
science and engineering will expand our economy and jobs to
greater social advantage to all Americans.  A Republican Congress
working with President Bush would reflect our interest in
advancing scientific inquiry and assuring the resulting economic
benefits for all Americans.


*Space.*  We are a pioneer people.  Today's telecommunications
revolution began with the first satellites of the Eisenhower
years.  So too, what we now do -- or fail to do -- in space will
determine the future for generations to come.

     That is why President Bush established the National Space
Council under Vice President Quayle.  Together, they rescued a
floundering program, revamped NASA, opened up competition, and
engaged the best minds of academia and research in a twofold
mission for mankind.  Mission to Planet Earth will define and
perhaps mitigate effects on our fragile environment.  Mission
from Planet Earth will open space for science and industry. 
Especially in this Columbian year, we hail the President's
decision "to return to the moon, this time to stay, and then a
journey to tomorrow, a mission to Mars."

     Investments in space, though aimed at the future, pay
dividends right now -- in research and medicine, in international
competitiveness and domestic opportunity.  This must not be
diverted to political pork barrels.  The journey to the stars
used to be a bipartisan adventure, but many Democrat
officeholders have jumped ship.

     Republicans, by contrast, are determined to complete Space
Station Freedom within this decade.  Our agenda is to lower the
cost of access to space, and to broaden that access to the
private sector, with a family of new launchers; to build and fly
sensors for the global environment; and to advance cutting-edge
capabilities like the National Aerospace Plane and single-stage-
to-orbit rockets, so technological breakthroughs can be quickly
exploited.  We will promote space-based industry and ensure that
space remains a frontier for private enterprise, not a restricted
preserve for government.  We will continue international
cooperation in space ventures and welcome Russia's cosmonauts and
citizens of other nations to fly for freedom.

*Banking and Job Creation.*  Job creation and economic growth are
dependent on a healthy and competitive financial services system
that can respond to the needs of the market.  The Democrat
Congress stalled Republican legislation to prevent the savings
and loan crisis.  Then, last year, the Congress refused to pass
the Republican Administration's comprehensive financial sector
reform bill to strengthen our banking industry and let it
compete, both domestically and internationally, consistent with
the principles of safety and soundness.

     We applaud the President's efforts to alleviate the
continuing problems caused by a lack of funds available to
creditworthy borrowers in small businesses and the housing
industry.  We endorse his efforts to restrain overzealous
regulators, reduce regulatory compliance costs, strengthen
financial institutions through diversification, and reduce
unnecessary barriers to lending.

*Trade:  A New World of Growth.*  Four years ago, the American
people faced an historic decision:  compete or retreat.  They
chose, with President Bush, to compete in the international
arena.  Rather than retreat with the Democrats to the limits of
yesteryear, they decided to attack the international marketplace
with characteristic American vigor.  Just as George Bush is a
proven world leader on the military front, equally he is an
economic world leader.

     The results are spectacular.  We have cut the trade deficit
in half in just four years.  The United States is again the
world's top exporter.  Exports drive our economy.  Every $1
billion in exports creates 20,000 new jobs for Americans. 
Exports have created nearly two million new jobs at home since
1988.

     We are tough free traders, battling to sweep away barriers
to our exports.  We are waging the Uruguay Round of the General
Agreement on Tariffs and Trade (GATT) negotiations to win
worldwide reductions in tariffs, elimination of subsidies, and
protection of American intellectual property rights.  We are
fighting to reduce farm subsidies in the European Community and
to break up their government-industry collusion in production of
civil aircraft.  We firmly endorse President Bush's policy to
support the Republic of China on Taiwan in international trade
and her accession to GATT.  Major market access gains have been
made with Japan, with American manufacturing exports tripling
since 1985.  Throughout the world, we enforced greater compliance
with U.S. trade rights.  And we are making every effort to bring
home a Uruguay Round agreement that is not only good for America,
but great for tomorrow's entrepreneurs everywhere.

     The free trade agenda for the next four years starts with
the signing of a North American Free Trade Agreement (NAFTA) with
Mexico, completing the establishment of a free trade area which
already includes Canada.  NAFTA will create the largest market in
the world, greater than the European Community, with 360 million
consumers and a total output of six trillion dollars.  It means a
net gain of hundreds of thousands of American jobs.

     We acknowledge the possible effects on regional markets,
specifically agriculture.  We encourage our negotiators to be
sensitive to those market concerns.

     We will continue to fill the Pacific Rim with American
exports, negotiating trade agreements with other Asian economies,
and will complete our efforts -- such as the Structural
Impediments Initiative with Japan -- to reduce barriers to
American goods and services.  And we will continue to negotiate
the Enterprise for the Americas Initiative with Latin America as
a first step in creating a hemispheric free trade zone.

     Congress should report to the American people the cost to
workers, consumers, and businesses of every Democrat trade
restriction, trade tax, or trade quota bill it considers.  We
will not tolerate their obstructing the greatest expansion of
international trade in history.  Republicans welcome this
opportunity; for we know America's workers, thinkers, and
builders will make the most of it.

*International Economic Policy.*  Twelve years ago, we unleashed
a tidal wave of freedom around the world -- not just political,
but economic liberty as well.  What works in America -- personal
responsibility, limited government, competition -- works
throughout the world.

     Because the world economy is interdependent, the United
States has been affected by downturns elsewhere, particularly
since 1990 with the crash of the Japanese stock market and
Germany's economic difficulties.  Now, as progress resumes, the
Republican plan for global growth is vital for all nations,
developed or otherwise.  The continuing prosperity for our
neighborhoods will depend in part upon the masterful diplomacy we
have come to expect from President Bush.

     Economic freedom is an essential link to our foreign policy. 
It means expanded trade, but it also means dynamic growth based
on shared values -- a coming together of nations in the
commonwealth of peaceful progress.  To that end, U.S. aid,
whether bilateral or through international organizations, should
promote market reforms, limit regulation, and encourage free
trade.

     Chief among these market reforms should be the privatization
of state-owned industries such as telecommunications, power,
mining, and refining,  Privatization should afford American
companies the opportunity to purchase some of these assets, bring
competition to these countries, and substantially reduce our
trade deficit.  The United States government should take all
possible steps to assist American companies wishing to invest in
privatized industries by adopting policies, rules, and
regulations that will equitably facilitate these ventures,
especially for small businesses.

     We will work with developing nations to make their economies
attractive to private investment and will support innovations to
guarantee repayment of their loans, including debt for equity
swaps.  Our experience can help them develop environmentally
rational strategies for growth.

     Because we uphold the family as the building block of
economic progress, we protect its rights in international
programs and will continue to withhold funds from organizations
involved in abortion.

     Most important, we encourage developing nations to adopt
both democracy and free markets.  The two are inextricably tied
and afford all people the greatest opportunities.
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