Bill Clinton: “Good morning. As you know, I am leaving this morning for my third annual meeting with the leaders of the G-7…”

“Good morning. As you know, I am leaving this morning for my third annual meeting with the leaders of the G-7 industrialized nations. This summit marks another concrete step in our efforts to advance the security and prosperity of the American people by seizing the opportunities of the global economy. At home, we are working hard to put our economic house in order. We are creating millions of jobs, working for economic growth, and cutting the deficit, which is already the lowest of all the advanced countries in the world. With our new budget proposal we will wipe out the deficit in 10 years, while still making room for critical investments in education and training, which our future demands. Going into this meeting the United States is in a strong position to continue leading our allies in the fight for long term global prosperity. From the beginning of our administration, we have led the international effort to expand trade on a free and fair basis. We helped to expand world markets with NAFTA and GATT and trade agreements with the Asian-Pacific countries and here with the nations of the Americas. We are helping the former Communist countries to convert to free market economies. In all these areas we have turned back the forces of isolation which tempt us to turn away from the challenges and opportunities of the world.…”