Bill Clinton: “Well, thank you very much. I'd just like to make a couple of comments about what you said. First of all, most of our…”

“Well, thank you very much. I'd just like to make a couple of comments about what you said. First of all, most of our listeners may know, but some may not, that you had a very distinguished career in business before you became the Governor of Kentucky or got into Kentucky politics. One of the things that I think all of us have noticed who have been Governors or Mayors is that an enormous amount of the money that's appropriated for special programs is often peeled off before it finally gets to its ultimate purpose by all the various administrative layers and regulatory requirements that are on the money. And one of the things that we're trying to do here by setting up this enterprise board and giving people the chance to come up with plans that would put a lot of these funds together is to make the money go a lot further. And it dovetails very well with what the Vice President is trying to do in looking at the whole structure of the Federal Government and how we can overhaul it. And we're up here now trying to cut spending dramatically and find some money to increase targeted investments in areas where we need it, to create jobs and improve education and explore new technologies. And I am convinced that one of the ways we're going to be able to both cut the spending programs that ought to be cut and increase investment is to get rid of a lot of the layers of regulation and management that we've had. The second point I want to make is about your conference coming up in May on sustainable development. One of our great challenges is to try to figure out how to improve the environment and improve the economy at the same time. And one of the clear areas of opportunity there that no one disagrees with is in the area of environmental cleanup in some of our most distressed urban and rural communities. And so I would hope that all the people on this telephone call today as well as all the people who will hear about this program and will file applications will look very closely at some of the environmental problems in their communities and at how many people can be put to work in cleaning those up and how that can be a part of the enterprise proposal, because that's clearly something that we need to do. Let's go into Chicago now. Mayor Daley is in Washington today, isn't he? [Valerie Jarrett, Chicago commissioner of planning and development, discussed the city's holistic community-based approach to planning and development and the adverse impact of Federal regulations. Ted Wysocki, Chicago Association of Neighborhood Development Organizations (CANDO), then advocated legislation for abandoned land reuse, corporate community involvement tax credits, and grants for community projects.]”