US Presidency
1995

University administrators all over the country have told me that they are saving weeks and weeks of bureaucratic time now because of our direct college loan program, which makes college loans cheaper and more affordable with better repayment terms for students, costs the government less, and cuts out paperwork and bureaucracy for the government and for the universities. We shouldn't cap that program. We should give every college in America the opportunity to be a part of it. Previous government programs gathered dust. The Reinventing Government report is getting results. And we're not through. There's going to be a second round of Reinventing Government. We propose to cut $ 130 billion in spending by shrinking departments, extending our freeze on domestic spending, cutting 60 public housing programs down to three, getting rid of over 100 programs we do not need, like the Interstate Commerce Commission and the Helium Reserve Program. And we're working on getting rid of unnecessary regulations and making them more sensible. The programs and regulations that have outlived their usefulness should go.