I believe that all of us, the President and the Congress, have a clear duty to protect the national interest in general prosperity--and therefore to resist temptations to overspend for desirable special programs, or to spend for partisan political advantage.
Special Message to the Congress on Federal Government Spending.
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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.
As far as what the President personally knew and did with regard to Watergate and the coverup is concerned, these materials--together with those already made available--will tell it all.
This was a serious act of omission for which I take full responsibility and which I deeply regret.
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