I have decided that we should move now in the direction of the more accurate method, making the transition gradually over a three-year period to avoid undue hardship to employees by an abrupt change in the system.
Message to the Congress on Federal Civilian and Military Pay Increases.
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I am pleased that in this bill the Congress has expressed support for our objectives by authorizing $22.2 billion for military procurement purposes during fiscal year 1975.
Two weeks ago, I vowed to the American people that any appropriations bill substantially above my budget for fiscal year 1975 would be vetoed.
This legislation exceeds my budgetary recommendations by such a large amount--some $540 million--that it presents a clear and distinct threat to our fight against inflation and cannot be accepted.
I have done my very best in all the days since to be true to that pledge.
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