Dealing with our Fiscal Problems

It is an honor to receive this award and a great honor to be introduced this evening by George Shultz. George is a hero, a mentor, and a model. I have known George for more than 40 years, since the time when he was Secretary of the Treasury for Richard Nixon. I had the opportunity to work with him when he was Secretary of State in the Reagan administration and I was chairman of the Council of Economic Advisers. George had the most demanding job in the government but he always had time to talk with me about economic issues. And while George has done so many things, he never lets you forget that he is an economist as well as a Marine.