On the recordJanuary 25, 1971
This could bring about bank loans during Fiscal Year 1972 of $94.5 million to telephone borrowers--and the 1972 budget assumes timely enactment of this legislation.
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presidency.ucsb.eduRichard Nixon: “This could bring about bank loans during Fiscal Year 1972 of $94.5 million to telephone borrowers--and the 1972 budget…”
Editor's note · Context
Special Message to the Congress Resubmitting Legislative Proposals
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More from Richard Nixon
Aug 7, 1974
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.
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