This is the only way we can afford to do what must be done. Within these guidelines, there are a number of major new initiatives which are ripe for action in 1974 -- several of which can be milestones on our march to a life of greater freedom, greater opportunity and greater prosperity for all. In particular, 1974 can be the year in which: -- First, we not only break the back of the energy crisis, but also, through Project Independence, lay the foundation for our future capacity to meet America's energy needs from America's own resources -- at reasonable prices and with adequate environmental protection. -- Second, we take another giant stride toward lasting peace in the world -- not only by continuing our policy of negotiation rather than confrontation where the great powers are concerned, but also by helping toward the achievement of a just and lasting settlement in the Middle East. -- Third, we will check the rise in prices, without administering the harsh medicine of recession, and move the economy into a period of steady growth at a sustainable level. -- Fourth, we establish a new system of comprehensive health insurance that makes high quality health care available to every American in a dignified manner and at a price he or she can afford. -- Fifth, we continue to build a new era of achievement and responsiveness in State and local government, by cutting the strings of too tight Federal control that have bound the hands of State and local officials in community and economic development programs. -- Sixth, we make a crucial breakthrough toward better transportation by strengthening the ability of local communities to deal with their transportation problems. -- Seventh, we reform our system of Federal aid to education to provide it when it is needed, where it is needed, and so that it will do the most for those who need it most. -- Eighth, we make an historic beginning on the task of defining and protecting the right of personal privacy. -- Ninth, we start on a new road toward reform of a welfare system that bleeds the taxpayer, corrodes the community and demeans those it is meant to assist. -- And tenth, together with the other nations of the world, we establish the economic framework within which Americans will share more fully in an expanding world trade and prosperity in the years ahead, with more open access to both markets and supplies.