This act will increase family savings, stimulate job-creating long-term investment, and strengthen the competitive position of American business.
George H.W. Bush
The Public Record
George H.W. Bush was the 41st President of the United States, serving from January 20, 1989, to January 20, 1993. A member of the Republican Party, he previously held the office of Vice President under Ronald Reagan from 1981 to 1989. Bush was a World War II veteran and served in various roles within the U.S. government, including as Director of the Central Intelligence Agency from 1976 to 1977. His presidency is noted for significant events such as the Gulf War and the fall of the Berlin Wall, as well as his efforts in foreign policy and international diplomacy.
Americans are religious people, but a truly religious nation is a tolerant nation.
I believe Americans will save more if given this opportunity, and by doing so, they will generate new funds for investment that strengthen our economy.
I believe that this democracy of ours is once again proving, as it has throughout our history, that when people are free they use that freedom to serve the greater good and, indeed, a higher truth.
The success of democracy in El Salvador is a very important thing to us, to this country.
And this legislative package will help millions of Americans invest in their children's education, buy a first home, and then set money aside for family emergencies.
Let there be no mistake about where I stand or where our administration stands in terms of support for President Cristiani and for the democracy in El Salvador.
Well, today I'm transmitting to Congress an important initiative that was outlined last night in the State of the Union Address: the Savings and Economic Growth Act of 1990.
And today the times are on the side of peace because more and more brave men and women are on the side of God.
I've been very impressed with the courage he has shown in going after those who have broken the law in his country.
There is great promise in our Nation's vision to be at the forefront of advancement in aeronautics, space science, and exploration.





