Richard Nixon: “In view of the many defects in this program, I am convinced that it should no longer be inflicted on the American…”

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.

I have done my very best in all the days since to be true to that pledge.

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

And as I leave, let me say, that is an example I think all of us should remember.