We passed the biggest tax cut, a $12 billion tax cut, in the history of the Nation.

During those 2 months we spent $676 million less than we spent last July and last August, a year ago

I said I will say to the taxpayers of this country I am going to give you a dollar's value for every dollar spent.

I know something about the economy of this State and the problems of this State.

This year, for the first year in many years, I reduced the Federal budget $1 billion under last year

I am happy to say to you now that I am employed full time right now.

The crucial fact is this: a 'cut cost' policy does not mean a 'do-nothing' policy.

We never want to go back to the farm-led and farm-fed depression days.

The Democrats say, 'Put your hand on the throttle and full speed ahead.'

The Federal debt will be lower in relation to gross national product than at any time since 1941.

Fiscal 1963 saw the beginning of significant economies in the management of aid programs by the Agency for International Development.

Interest-bearing loans have replaced grants as the chief mechanism for assistance.

And I intend, as long as I am President, to make sure that the American Government is a model of prudence and economy, and that doesn't mean that we are going to neglect the sick or forget the unemployed.

The fact is that wages are higher, employment is higher, profits are higher, and the economy is stronger than at any time in American history.

Average manufacturing earnings have risen nearly 16 percent, and weekly earnings in the primary metals industry have jumped 23 percent.

Next year we are going to cut excise taxes.

And I have no doubt what the steelworkers will do about it.

Our tax cut, which you helped us pass through the Congress, was a part of this policy.