Richard Nixon: “I have always believed, and today reaffirm my belief, that the Capital area must have the balanced, modern…”

I firmly believe that our current fiscal situation demands national unanimity on the issues of a larger concern.

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 was a serious act of omission for which I take full responsibility and which I deeply regret.

I did not realize the extent of the implications which these conversations might now appear to have.