Fiscal policy

I held the line on Government spending with 66 vetoes and saved you, the hard-pressed taxpayers of this country, about $9 billion-plus.

I submitted a budget for the third fiscal year which will cut the rate of growth in Federal spending by 50 percent.

Help us in the battle against Government spending.

I am today announcing the details of an additional $115 million increment to this fiscal year's budget for energy research and development.

But balancing the Federal budget is no pipe dream; it is a realistic goal.

Eight months ago I submitted to the Congress a new budget calling for Federal outlays of $268.7 billion during fiscal year 1974.

One of the reasons we have high taxes is because we have such an imbalanced tax distribution system.

I am going to use every weapon at my command to hold spending in this fiscal year as close as possible to $250 billion-so that we will not have a new wave of crippling inflation and there will be no need for higher taxes.

I intend to resist the kind of spending that drives up taxes or drives up prices.

Proposals, no matter how attractive, must be paid for, and when spending is proposed that takes us beyond full employment balance, that payment must either be in the form of new taxes or rising prices.

We urgently need an absolute limit on Government spending.

This budget expresses our fiscal program for the New American Revolution-a peaceful revolution in which power will be turned back to the people.

I AM TODAY signing H.R. 17923, the Department of Agriculture and Related Agencies Appropriation Act, 1971, even though it adds $342.5 million in budget authority and a similar amount in budget outlays to the amounts I requested for fiscal…

The executive branch of the Government is going to take whatever action it can in an attempt to drive down interest rates, in an attempt to keep our dollar sound, and in an attempt to match our expenditures with revenues.

The ordering of goods and services at the end of the fiscal year to prevent the lapse of available appropriation balances is indefensible at any time.

I want you to take steps immediately to see that there is no so-called 'June buying' in your department or agency this year.

Will you please report to me, through the Director of the Bureau of the Budget, the specific steps you have taken to provide top level control of your department's purchases during the remainder of the fiscal year, in the context of…

They can be avoided through sound economic fiscal policies.