[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[March 18, 1992]
[Page 471]
[From the U.S. Government Publishing Office www.gpo.gov]



[[Page 471]]

Memorandum on the Federal Savings Bond Campaign

March 18, 1992
Memorandum for the Heads of Departments and Agencies

    As a Nation we need to promote thrift, increase personal savings, 
save to educate our children, and reduce the cost of Government 
financing. By supporting the Savings Bonds program, we help meet these 
needs. The 1992 Federal Savings Bond Campaign will soon begin. It has my 
full support.
    In 1991, 32 percent of Federal employees and members of the Armed 
Services purchased Savings Bonds through payroll allotments. This year, 
I hope to see that participation increase significantly.
    To this end I challenge you to charge your managers to accept and 
achieve the following goals in 1992:
    1. To increase your department's/agency's participation level by 10 
percent; and
    2. To raise your department's/agency's participation rate from its 
current level to a minimum level of 40 percent; and
    3. To have 20 percent of current bond buyers increase their 
allotments.
    These goals are achievable. Currently, many departments and agencies 
have already achieved what I am asking of you.
    I have appointed Manuel Lujan, Jr., Secretary of the Interior, to 
chair the 1992 Federal Savings Bond Campaign. Please appoint one of your 
top officers as your Vice Chair to work with Secretary Lujan and his 
team.
    Your personal commitment will insure the success of this Campaign. I 
look forward to receiving your Campaign results.

                                                             George Bush