On the recordJune 30, 1972
Debt ceiling bills are a tempting target for such maneuvers, because the Government quickly becomes unable to function if the ceiling falls back below the actual level of Government debt.
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presidency.ucsb.eduDebt ceiling bills are a tempting target for such maneuvers, because the Government quickly becomes unable to function if the ceiling falls back below the actual level of Government debt.
Statement on Signing a Bill Extending Temporary Ceiling on National Debt and Increasing Social Security Benefits.
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More from Richard Nixon
Always remember, others may hate you, but those who hate you don't win unless you hate them, and then you destroy yourself.
And as I leave, let me say, that is an example I think all of us should remember.