Richard Nixon: “I think this running down of America - I think it's wrong, and I'm not going to do it.”

Further study is essential if we are to avoid ineffective Federal spending for these purposes.

In keeping Federal spending under control, we do not intend, of course, to single out only farm or environmental programs.

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 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…