Richard Nixon: “I am proposing an extensive strengthening and expansion of that law.”

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

I am pleased that in this bill the Congress has expressed support for our objectives by authorizing $22.2 billion for military procurement purposes during fiscal year 1975.

A strong America is essential to maintaining world peace.

As a result of these efforts, I am confident that the world is a safer place today, not only for the people of America but for the people of all nations, and that all of our children have a better chance than before of living in peace…