The President's News Conference
12/19/1929
https://www.presidency.ucsb.edu...
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...
There are two great difficulties which confront us in programs of reduced expenditures.
I have received the proposals of the high officials of the Navy of plans for reduction of expenditures.
While governmental economy as a whole is strongly desired by the public, yet every variety of expenditure has its adherents throughout the c...