    [Weekly Compilation of Presidential Documents Volume 29, Number 22 (Monday, June 7, 1993)]
    [Page 1021]
    [Online from the Government Publishing Office, www.gpo.gov]

    <R04>
    Exchange With Reporters in Frederick, Maryland

     June 3, 1993

    The Economic Plan

        Q. Mr. President, speaking of construction, should Lani Guinier
    withdraw?
        The President. I'll have more to say about that later. But this is
    the most important thing I'm working on. This is the illustration of why
    the economic program is important. Housing sales at a 7-month high last
    month, creating jobs for people like this because of low mortgage rates.
    If we can keep the interest rates down by passing the economic program,
    getting the deficit down, you're going to see a lot more jobs, a lot
    more homes, a lot of money putting into this economy. That's the real
    important thing that this administration was elected to do and that's
    what I'm working on.

    Note: The exchange began at 11:11 a.m. while the President was touring a
    house under construction in Fredericktown Village.