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We have discarded old economic regulations that prevented competition and raised consumer costs, and we have imposed strong management principles on the regulatory programs the country needs, cutting paperwork and other wasteful burdens. The challenge for the future is to continue the progress in both areas without crippling vital health and safety programs.

Under the leadership of Vice President Bush, we have reduced the growth of Federal regulations by more than 25 percent and cut well over 300 million hours of government-required paperwork each year. This will save the public more than $150 billion over the next 10 years.

By revitalizing the Section 235 program, we have enabled nearly 100,000 moderate income households to purchase new homes. By reducing paperwork and regulation in Federal programs, and by working with State and local governments to ease the regulatory burden, we have helped to hold down housing costs and produce affordable housing.

We have also proposed abolishing almost 500 Federal advisory and other commissions and boards. But I know that the American people are still sick and tired of Federal paperwork and redtape. Bit by bit we are chopping down the thicket of unnecessary Federal regulations by which Government too often interferes in our personal lives and our personal business.

She would never need to see the faces of fellow counselors or fellow victims of abuse and madness; and furthermore her thoughts would not be stymied within the paperwork of regular psychologist-prostitutes by such a dabbling. And yet it was an entirely different phone call that she made instead, and after making it she then asked herself whether she should make another one.

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.

The letoff mechanisms all lack major parts. There is an elaborate set of detection equipment, which will detect absolutely nothing. I saw a few pairs of binoculars about; I suspect that that is what we were first observed with." "This office, now; I suppose all the paperwork is up to the minute in quintulplicate, and initialed by everybody within sight or hearing?"

First, we will continue to reduce the deficit and then to balance the Federal budget. Second, as we continue to work with business to hold down prices, we'll build also on the historic national accord with organized labor to restrain pay increases in a fair fight against inflation. Third, we will continue our successful efforts to cut paperwork and to dismantle unnecessary Government regulation.

It existed on high-value land only because the land and buildings were tied up in an estate and couldn't be sold. But they could be remodeled and thrown into one, and contracts were signed, permissions granted, the paperwork alone filled nearly a complete file cabinet. It would take double the fifty thousand dollars, of course maybe more. But Randolph had authorized it, hadn't he?

Supplementing these legislative accomplishments have been important administrative actions aimed at reducing paperwork and simplifying regulations associated with Federal education programs. We also launched major initiatives to reduce the backlog of defaulted student loans and otherwise to curb fraud, abuse, and waste in education programs.