Herbert Hoover actually said...

"Final decision will not be reached until the final budget is presented to Congress."

"The essential services of the Government must and will be maintained, but these are times when, with the large deficit facing the country, even meritorious projects can, must, and will be deferred."

"The second difficulty is that the Federal Government must make its contribution to expanded employment so long as the present situation continues."

"There is only one course of sound fiscal policy, and that is to reduce the expenditure of the Government to the last cent consonant with the obligations of the Government."