--the regulatory process has been reformed through creation of the Regulatory Council, implementation of Executive Order 12044 and its requirement for cost-impact analyses, elimination of unnecessary regulation, and passage of the Regulatory Flexibility Act; --procedures have been established to assure citizen participation in government; --and the airline, trucking, rail and communications industries are being deregulated; --critical social problems, many long ignored by the Federal government, have been addressed directly; --an urban policy was developed and implemented to reverse the decline in our urban areas; --the Social Security System was refinanced to put it on a sound financial basis; --the Humphrey-Hawkins Full Employment Act was enacted; --Federal assistance for education was expanded by more than 75 percent; --the minimum wage was increased to levels needed to ease the effects of inflation; --affirmative action has been pursued aggressively; more blacks, Hispanics and women have been appointed to senior government positions and to judgeships than at any other time in our history; --the ERA ratification deadline was extended to aid the ratification effort; --and minority business procurement by the Federal government has more than doubled; --the Nation's first sectoral policies were put in place, for the auto and steel industries, with my Administration demonstrating the value of cooperation between the government, business and labor; --reversing previous trends, real defense spending has increased every year since 1977; --the real increase in FY 1980 defense spending is well above 3 percent and I expect FY 1981 defense spending to be even higher; --looking ahead, the defense program I am proposing is premised on a real increase in defense spending over the next five years of 20 percent or more; --the NATO Alliance has proven its unity in responding to the situations in Eastern Europe and Southwest Asia and in agreeing on the issues to be addressed in the review of the Helsinki Final Act currently underway in Madrid; --the peace process in the Middle East established at Camp David and by the Peace Treaty between Egypt and Israel is being buttressed on two fronts: steady progress in the normalization of Egyptian-Israeli relations in many fields, and the commitment of both Egypt and Israel, with United States' assistance, to see through to successful conclusion the autonomy negotiations for the West Bank and Gaza; --the Panama Canal Treaties have been put into effect, which has helped to improve relations with Latin America; --we have continued this Nation's strong commitment to the pursuit of human rights throughout the world, evenhandedly and objectively; --our commitment to a worldwide human rights policy has remained firm; --and many other countries have given high priority to it;