We cannot change the history of the past. - Jimmy Carter

In the first place, I have not decided on any specifics of a tax reform package at all. I've certainly not decided on eliminating credits for interest paid on homes or property taxes paid for homes. During the political campaign, I promised that there would not be a reduction in the stimulus for American families to own their own homes, and if there should be any change it would be compatible with that commitment of mine. Now, I have some doubt about whether this same level of interest rate deduction should be applicable to a $500,000 home or a second or third or fourth home for very wealthy families, as contrasted with the average American working family who's trying to pay for one home in which they live. Also, you have to remember that if the credit is on a percentage basis, then a family that has a $15,000 income, if given a certain amount of credit for interest, only gets, say, 20 percent of that interest payment credited on their tax. But if you're in the 70-percent bracket, you get 70 percent of any interest that you pay on your home. So, equalizing those homeownership credit incentives is part of the package. But it will not hurt the average family in trying to purchase or pay for their own dwelling place.

In closing, I want to ask you to do one more thing, and that is that since you've bound yourselves together in a common purpose, understanding one another and overcoming the differences that exist among you, that now you try to understand the special needs of the nonhandicapped, to understand the needs of other handicapped people. It's not a time for hatred or lashing out or recrimination or condemnation of the nonhandicapped for the long delays in meeting your needs, because many people who are not handicapped can't understand those special needs. So, it's a time of education both ways, and for a realization that only when we work together--the handicapped who are leaders, the handicapped who will always be dependent, the potentially handicapped child who wants to have that prevented and the nonhandicapped adult leader--when we work together, we can continue to make even greater progress.

I think it's good to point out tonight, too, that we have evolved a good working relationship with the Congress. For 8 years we had government by partisanship. Now we have government by partnership. And we've had good success. I'm new in Washington, as you know. I've never served there before in my life until last January 20. But in this brief period of time, there has been a remarkable demonstration of compatibility and mutual purpose between the White House and Capitol Hill. When I was preparing to be inaugurated, I had meetings with different Members of Congress, and there were five basic questions that I wanted to present to them as goals I hoped to achieve sometime in the future. One was for both Houses to pass strict ethics legislation to make sure that conflicts of interest that had embarrassed our Nation in the past were over. And they have both already done that. I wanted to see a strong economic stimulus package passed, and without delay the Congress has acted again. I wanted to be given authority to reorganize the executive branch of Government and to be given immediate direction to proceed without delay. And the Congress, of course, has acted on that as well.