Richard Nixon: “Already, the stimulative effect of our new economic policies has been evident.”

Therefore, I shall resign the Presidency effective at noon tomorrow.

May God's grace be with you in all the days ahead.

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

A number of provisions authorize spending for unneeded equipment and could thus inflate defense spending unnecessarily at a time when we all should recognize the need to avoid waste.