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 /ADVANCE/ WESTCHESTER, Calif., Feb. 6 /PRNewswire/ -- The following

is being released by Revell Communications on behalf of Maureen Reagan for Congress:
 Citing the need for California's newly expanded Congressional delegation to be a more effective and united group of advocates on behalf of the state's constituents and industries, today Maureen Reagan formally announces her candidacy for a new coastal Congressional District in Southern California.
 Reagan, a businesswoman and long-time Republican Party activist, targeted California's aerospace and defense industry as an area of immediate attention.
 "California's aerospace and defense industry is at a critical turning point as defense budgets are shrinking and many major contractors are contemplating shifting production out of state," Reagan said. Reagan went on to say that the economic and social costs for the new 36th Congressional District could be severe.
 The defense spending cuts unveiled on Jan. 29, 1992, by the Pentagon could throw as many as 600,000 U.S. workers out of jobs nationwide -- including more than 200,000 in California, according to projections by a defense analyst.
 According to a recent Los Angeles Times report, the economic forecasting firm of DRI/McGraw Hill projected that anticipated budget cutbacks would result in the loss of 600,000 jobs in the U.S. economy by 1997, based on both the loss of direct defense industry jobs and a broad range of jobs throughout the economy. On a similar basis, the California impact was 200,000 according to DRI/McGraw Hill.
 A similar recent independent study developed for the Los Angeles Chamber of Commerce, showed that the health of the aerospace/defense industry affects the California economy much more broadly than previously reported. The industry currently accounts for more than 1.2 million California jobs, state tax revenues of $2.5 billion per year and more than 20 percent of all manufacturing jobs in the Los Angeles area. The industry is also a critical source of California's minority employment, technological vitality and social services.
 "For generations, the men and women of our defense industry worked tirelessly to insure our national security and our personal peace of mind. We as a nation are indebted to them. We owe them more than unemployment lines. We owe them and ourselves a search for new industries, new jobs and a more secure future," she added.
 Reagan spoke of the need to form a new and stronger community partnership within the district, with all of the major constituencies -- industry leaders, the media, educational institutions, local political leaders, the member of Congress from the 36th District and the public. Together, Reagan felt they could all make a difference and achieve a more positive role in shaping the future of the economy of these coastal communities.
 Among the approaches or solutions that Reagan said should be discussed were: (1) looking at developing disarmament technologies and the destruction of nuclear and chemical weapons as viable replacements for the job and revenue losses associated with the shrinking expenditures for offensive and defensive weapon systems; (2) the federal government providing business and economic incentives for companies which provide re-training for laid-off employees; and, (3) assisting the aerospace and defense community in their efforts to diversify into other commercial markets including relaxation of anti-trust laws and other governmental barriers to our ability to compete internationally in new technologies and industries.
 Spurning the more traditional candidacy announcement with its formal press conference or media event, Reagan chose instead to engage in a week-long series of embargoed one-on-one interviews with the 10 weekly and community newspapers published in the district and yesterday conducted similar interviews with each of the daily newspapers serving the area.
 "There are 17 separately identifiable communities that make up this new district," Reagan said, "and while they all share many common concerns, each is unique. Both as a candidate and eventually as a member of Congress, I intend to help build a more effective, coordinated voice for the 36th Congressional District in Washington. I will hold town meetings in each and every community in the district as well as work effectively with all levels of the media to accurately portray the economic and social consequences of key political decisions that will face these communities and the country as a whole," Reagan concluded.
 The California State Supreme Court adopted a reapportionment proposal last week that created this new district which stretches south from Venice along the coast to San Pedro, inland to include Torrance, Lawndale and Lomita, and west to include Catalina Island.
 Reagan enters the race with an accomplished background as a respected businesswoman, international ambassador, author, lecturer, Republican Party leader and champion of expanding American exports. Although many would-be candidates for this newly reapportioned Congressional District are still positioning themselves as if they are going to run (filing opens Feb. 10 and candidacy papers must be returned on or before March 6, 1992), the return of the Reagan name to the ballot for the first time in eight years has many political experts in the South Bay and Washington, D.C., tagging Maureen Reagan as the early front runner.
 Reagan insists that she will run an aggressive, volunteer-intensive campaign. "We will be ringing doorbells, telephoning, visiting neighborhood coffees and listening to the concerns and ideas of the working men and women of each of these communities ... this will be a people effort and together we can make a difference."
 Full text of announcement statement follows.
 Twenty-six years ago Ronald Reagan announced his candidacy for Governor of California on my birthday. Today I am returning the compliment by announcing my candidacy for California's 36th Congressional District on his birthday. Happy Birthday Dad.
 I have agreed to run for Congress because America stands at a crossroads. The 21st century is just around the corner, and the decisions we make today are going to effect how we all live in the years ahead. What will we manufacture? How will we travel? What will children learn to prepare them for the new age? Will our quality of life be enhanced or diminished?
 California's aerospace/defense industry is at a critical turning point as defense budgets are shrinking and many major contractors are contemplating shifting production out of state. The economic and social costs for the 36th District could be severe. Your member of Congress' response to the challenges facing California's aerospace/defense industry will shape the size and mix of our local economy for years to come.
 For generations, the men and women of our defense industry worked tirelessly to insure our national security and our personal peace of mind. We as a nation are indebted to them. We owe them more than unemployment lines. We owe them and ourselves a search for new industries, new jobs and a more secure future.
 Government must live up to its moral contract with the working men and women of the 36th Congressional District. When federal funds are used for research and development; for job training; for needed defense and space exploration; there is no industrial base better prepared to meet the needs of our nation. But when business and industry strike out to create new industries with private support and goals, we must be sure that government is not obstructionist as we search for new products and new jobs.
 Government needs to rethink tax policies which are causing a severe strain on our economic growth. We need to reinstate the investment tax credit to bring capital into the hands of the small businesses and entrepreneurs who will develop tomorrow's new ideas and create the majority of new jobs. We need to reinstate an IRA deduction for all Americans to increase our savings base and make more investment money available. And we need to stop the stealthy climb of tax rates back to their usurious past.
 We who live in coastal California enjoy a very special life. We care passionately about our beaches, our water quality and passing on to future generations this unique area we call home. We want to see children playing in the sand on any day of the year without worrying if the beach is safe and clean.
 I am a candidate for Congress in the 36th District because I know I can help control government growth as we build a strong and prosperous future. I am committed to ensuring that the federal government keep its moral contract with us either by its involvement where appropriate, or by stepping aside and allowing us to solve our own problems. Whether you are an individual to whom government is being unresponsive; or an employer trying to save jobs; you will have my full attention.
 The number one job of a member of Congress is to represent the needs of the people in the district. I assure you that as your member of Congress I will be your advocate. The new century which awaits us has great challenges and tremendous rewards.
 California is the driving force behind the energetic, creative and productive nation we have become and the pearl of Southern California's industrial base is right here in our Congressional District. I believe that working together we will find the answers to today's problems and continue into a new period of economic growth. Together we will work to develop new solutions to the transportation crisis; new technologies to meet water needs and new educational approaches for today's students, who as tomorrow's leaders are our greatest asset.
 For three decades I have labored in grassroots Republican politics to build a strong organizational base for candidates at all levels who are willing to make a difference. Today I am one of those Republican candidates and I know I can make a difference.
 In addition to years of grassroots political organizing, I bring years of experience in business, communications, international trade and multi-lateral negotiations. These are the qualifications that have prepared me to hit the ground running from day one on behalf of the people in the new 36th Congressional District.
 I plan to run an aggressive volunteer intensive campaign. We will be ringing doorbells, telephoning, visiting neighborhood coffees and listening to your ideas. This type of campaign requires your help. So I ask you to join the many volunteers who are already part of the Reagan for Congress campaign. This is a people effort and together we can make a difference.
 -0- 2/6/92/0301
 /EDITOR'S NOTE: For official comment from former President and Mrs. Reagan, contact Cathy Goldberg at 310-552-1980/
 /CONTACT: Dennis C. Revell of Revell Communications, 916-443-3816, for Maureen Reagan for Congress/ CO: Maureen Reagan for Congress ST: California IN: SU:

JL-TM -- LA035 -- 6976 02/05/92 00:08 EST
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Date:Feb 5, 1992

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