On the recordNovember 1, 1972
I am speaking to you tonight from the library of the White House.
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presidency.ucsb.eduI am speaking to you tonight from the library of the White House.
Address to the Nation: Look to the Future.
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Further study is essential if we are to avoid ineffective Federal spending for these purposes.
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.
It is essential that we move ahead to revitalize the global trading system through multilateral negotiations.
This was a serious act of omission for which I take full responsibility and which I deeply regret.