Richard Nixon: “I think the power belongs to the people.”

I have done my very best in all the days since to be true to that pledge.

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.

This house has a great heart, and that heart comes from those who serve.

I have concluded that because of the Watergate matter, I might not have the support of the Congress that I would consider necessary to back the very difficult decisions and carry out the duties of this office in the way the interests of…