Richard Nixon: “Eight months ago I submitted to the Congress a new budget calling for Federal outlays of $268.7 billion during fiscal…”

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.

We think that when we suffer a defeat that all is ended.

I have never been a quitter. To leave office before my term is completed is abhorrent to every instinct in my body. But as president, I must put the interests of America first. Therefore, I shall resign the presidency effective at noon…

I have always tried to do what was best for the Nation.