Remarks by the President Upon Departure for New Jersey (8/23/00)
                                THE WHITE HOUSE

                         Office of the Press Secretary
      ______________________________________________________________
                 For Immediate Release    August 23, 2000


                            REMARKS BY THE PRESIDENT
                         UPON DEPARTURE FOR NEW JERSEY


                                 The South Lawn


10:53 A.M. EDT


     THE PRESIDENT:  Before I leave for New Jersey today I want to make a
brief announcement about some action we're taking to help consumers in
southern California who have been hit very hard by skyrocketing electric
bills.  I want to thank Governor Davis, Senator Feinstein, Senator Boxer,
and Congressman Filner for their leadership on this issue and their work
with me.

     The wholesale price of electricity has risen sharply in California
this summer as a result of tight supplies and growing demand.  This is
having a particularly heavy impact where the price hikes are being passed
on to consumers as they are in the San Diego region.  Many families and
small businesses in San Diego have seen their electric bills more than
double.  I've heard reports of senior citizens on fixed incomes being
forced to choose between medicine and air-conditioning.

     Today we're taking three new steps to help ease the burden.  First,
Secretary Richardson has asked the Federal Energy Regulatory Commission to
expedite its investigation of the wholesale power markets, so we can better
understand what is happening in California and provide policy-makers with
the information they need to protect consumers in a timely fashion.

     Second, I'm directing the Department of Health and Human Services and
Secretary Shalala to release $2.6 million in Low-Income Home Energy
Assistance Program funds for the families of southern California.  This
doubles the amount of LIHEAP assistance in the San Diego region and will
help to ensure that low-income families and senior citizens have the
emergency help they need to pay their bills and stay cool.

     Third, I'm directing the Small Business Administration to step up
their efforts to inform small businesses about SBA loans to help cope with
unusually high electric bills.

     All of these are short-term steps to help families in southern
California during the current power crunch.  I also renew my call to
Congress to work with us to build a better energy future over the long run,
to take up my energy budget initiatives and the tax incentives to promote
energy efficiency and conservation.        I hope they will also pass a
national comprehensive bill to foster a new era of the right kind of
competition in the electric industry to establish a more competitive,
efficient and reliable electric power system for our nation, and to beef up
efforts to prevent utilities from abusing their market power to raise rates
above competitive levels.  This legislation would save our consumers about
$20 billion a year in power costs.  We ought to do it, and we ought to do
it this year.

     Let me say once again to the people of southern California, we'll
continue to keep a close eye on the situation.  We'll do what we can to
help you get through this summer.  Thank you very much.

     Q    Mr. President, do you think the power companies are profiteering
in California?

     THE PRESIDENT:  Well, that's what FERC's going to investigate.
Secretary Richardson and I talked about it.  We want the FERC to look into
it and see what the facts are.  There is an unusual impact there, different
from virtually any other place in America, and it needs to be examined.
And I hope it will be.  I hope the assistance we're giving in the meanwhile
will help.

     And, again, I will say, I believe that we could do an enormous amount
if the Congress would pass the energy budget initiatives, the tax
incentives to buy energy-efficient homes, vehicles, to retrofit businesses,
and would pass the electric utility deregulation.

     Let me remind you -- some of you may remember this -- I went out to
the Inland Empire, east of LA, I believe it was in San Bernardino, to
dedicate a housing project that was part of an effort with the National
Home Builders and the Energy Department, for working people on modest
incomes.  And the homes that they built there lowered average electric
rates by over 40 percent.

     So we need to take some structural action here to empower the American
people to solve this problem themselves, too.  If we have deregulation and
we give better incentives to people to build or retrofit their homes, their
offices, and to buy other energy efficient appliances, we could make a big
difference here in almost no time.  So I hope that will happen.

     Go ahead, Mark.

     Q    Sir, what do you think of Janet Reno's decision not to name a
special counsel to investigate Al Gore's fundraising?  Do you think it may
look to some people like a whitewash?

     THE PRESIDENT:  I don't know any more about that than you do.  I
learned about it when I picked up the paper this morning.

     Q    Well, what are you hoping for from your meeting tomorrow with
President-elect Fox of Mexico in terms of U.S. business potential and
potential for the U.S. economy?

     THE PRESIDENT:  Well, first of all, I want to get to know him and I
want to reaffirm the support of the United States, which I think is
bipartisan, for good, strong relationships with Mexico, the need for us to
work together to deal with the drug challenge, our common environmental
challenges along the border, and to make our trade relationship work for
both sides.  And so, obviously, I hope that there will be long-term
economic benefits.

     I think he's quite serious about modernizing the Mexican economy and
moving forward with our relationship.  And I've been impressed with what
I've seen and heard about him so far, and I'm anxious to meet him and do
what I can to get our relationship off to a good start.

     Q    Mr. President, a lot of state Democratic chairs would like you to
come out and do some targeted campaigning to help get out the base in
November.  Do you think that's a good idea?  Is that something you intend
to do?

     THE PRESIDENT:  Well, first of all, I think the most important thing
is for me to do as much as I can for the American people in the job I have
between now and January the 20th, and that's my main priority.  The second
most important thing is for Al Gore and Joe Lieberman to go out and spread
the message, engage in the debate and make sure the American people know
what the choices are before them.  And I think they're doing quite a good
job of that.

     Now, if I can help, of course, within those parameters, I will do
that.  I went to Michigan yesterday, I'm going to New Jersey today.  I will
do some work within the limits of my ability to do it.  But the main thing
is that the candidates carry the message, and I think they're doing a fine
job.

     Q    Mr. President, on Colombia, you signed a waiver yesterday so that
the aid could start flowing.  There are still some problems of human rights
violations and Congress has a lot of doubt.  You're going to be there next
Wednesday.

     THE PRESIDENT:  I did sign the waiver, but the Congress also passed
the aid package and they expect it to go forward.  I did it because I
believe President Pastrana is committed to dealing with the human rights
issues about which we're still very concerned.  He has submitted
legislation to the Colombian Parliament, for example, for civil trials, for
allegations of military abuses of human rights.  And we also have a system
in place for specific case-by-case investigation of serious allegations.

     So I think that we've protected our fundamental interest in human
rights and enabled the Plan Colombia to have a chance to succeed, which I
think is very, very important for the long-term stability of democracy and
human rights in Colombia, and for protecting the American people and the
Colombian people from the drug traffic.

     Q    Are you -- human rights in favor of the money?

     THE PRESIDENT:  No.  No.  First of all, the money is designed to help
combat the drug-trafficking and to help alleviate a lot of the social
problems, to help to develop alternative economic development, and also to
build the civil institutions in Colombia which will help to protect human
rights.

     So what I did was to permit Plan Colombia to go forward and be
implemented because I'm convinced that the President is committed to the
proper course in human rights -- he submitted legislation which is evidence
of that -- and because we haven't given up our ability to look into
case-by-case allegations of human rights violations dealing with specific
military units who can be kept from getting any of this assistance if they
have, in fact, committed human rights violations.

     Q    Mr. President, can you talk about your administration's decision
to support federally-funded stem cell research, and are you worried about
the controversy involved in that?

     THE PRESIDENT:  Well, I believe if people will actually -- Secretary
Shalala and I had a long talk about this before we came out this morning --
I think if the public will look at, first of all, the potentially
staggering benefits of this research -- everything from birth defects to
Parkinson's to Alzheimer's to diabetes -- profoundly important there -- to
certain kinds of cancers, spinal cord injuries, burns, anything kind of
regeneration of cells that's required, the potential to change the future,
the health future for Americans and for people around the world is
breathtaking.

     Secondly, these guidelines were not put out without a rigorous
scientific review.  And human embryo research deals only with those embryos
that were, in effect, collected for in-vitro fertilization that never will
be used for that.  So I think that the protections are there; the most
rigorous scientific standards have been met.  But if you just -- just in
the last couple of weeks we've had story after story after story of the
potential stem cell research to deal with these health challenges.   And I
think we cannot walk away from the potential to save lives and improve
lives, to help people literally to get up and walk, to do all kinds of
things we could never have imagined, as long as we meet rigorous ethical
standards.  And I'm convinced, and Secretary Shalala is convinced, that
that has been done.

     Q    Mr. President -- talked about open borders between the United
States and Mexico.  Generally speaking, sir, do you support that concept
even over the long-term, and do you expect it to be a dominant part of your
meeting tomorrow?

     THE PRESIDENT:  Well, I want to hear what he has to say about it, and
how we would go about dealing with the problems that we have with the trade
arrangement we have now, whether they would be amplified.  In general, I
think there will be increasing interdependence of the world's economies
over the next decade, increasing interdependence in our region.

     I think -- I believe we should have done more with South America.
We've got the Caribbean Basin Trade Initiative, which I think is good.
We've got the relationship with Mexico, which I think has been a net plus
for the United States, both economically and politically.  We didn't extend
our trade agreements to the rest of South America and I think that the
Europeans have benefitted at our expense.  So I think there will be more
interdependence and the United States has to be a part of that.

     But, like everything else, the devil is always in the details here, so
I want to talk to him about it and see what he has in mind.  I would
imagine most of this work would have to be done by the next administration.

     Q    -- U.S. doing to convince OPEC nations to increase output, and
will you be discussing this issue with Nigeria when you go?

     THE PRESIDENT:  OPEC nations?  I'm sorry.  Well, as you know, we have
done what we could -- I was actually -- I was reviewing the situation last
night, and, yes, I will discuss it with Nigeria.  But we have to look at
where there is excess capacity.

     Part of this a question of whether the OPEC nations can increase their
production.  Part of the problem is coming because there's now renewed
economic growth elsewhere in the world.  And it seems to me, just looking
at all the numbers over the long run, we're going -- we'll get some benefit
out of that.  That is, I expect you'll see a significant increase in
American exports over the next six months to two years because of the
increasing growth in other parts of the world, but as a result of that,
it's putting more pressure on the oil supplies that are available.

     So I'm going to do what I can to keep these prices moderated and to
continue to argue to all the OPEC nations that if the price gets too high
they will cause recession in other countries and then the purchases will
drop dramatically and for a longer period of time.  They're much better off
with a price that's below where it is now, but one that can be sustained.
They don't want to go down to $13-$15 a barrel again, but we don't need it
-- it needs to be, I think, in the low $20s somewhere.  I think that's --
low to mid '20s is a more sustainable rate.  And so I will clearly discuss
it with President Obasanjo and with others in the weeks ahead.

     Thank you.

     Q    Mr. President, how -- look for your legal defense fund?

     Q    Are you back in the spotlight?  (Laughter.)

     THE PRESIDENT:  I'm going to New Jersey.

                                                                        END
                                           11:08 A.M. EDT


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