Richard Nixon: “The future of the American economy is not through more controls, but less controls.”

I firmly believe that our current fiscal situation demands national unanimity on the issues of a larger concern.

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.

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

Our military forces deter potential aggressors and, together with those of our allies, serve to assure the continued security of the free world.