I am not recommending such actions, because persistent inflationary pressures dictate a restrained fiscal policy.

By the authority vested in me as President by the Constitution and statutes of the United States of America, including the Hostage Relief Act of 1980.

The central idea of the policy I am announcing today is full disclosure of information to our trading partners.

We cannot do all that we wish at the same time.

The Council shall consist of representatives of the following agencies and such other officers or employees of the United States as the President may designate as members.

This is a very stringent budget.

It emphasizes to other countries that the United States is a responsible trading partner and that they can trust goods bearing the label 'Made in U.S.A.'

I have signed today an Executive order which establishes a comprehensive Federal policy on the export of hazardous products and substances that have been banned or significantly restricted for use in the United States.

However, unacceptably high inflation remains our most difficult economic problem.

The growth of budget outlays has been more the result of economic factors than the cause of them.

There is established a President's Council on Spinal Cord Injury which shall be composed of twelve members appointed by the President.

I believe in the need for higher levels of aid to achieve foreign policy objectives, promote economic growth, and help needy people abroad.