[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.