Richard Nixon actually said...

In my last report to the Congress, I stated that US expenditures entering the balance of payments as a result of the deployment of forces in NATO Europe in fulfillment of treaty commitments and obligations in FY 1974 are estimated to be approximately $2.1 billion.

Context

Message to the Congress Reporting on the Balance of Payments Deficit Incurred Under the North Atlantic Treaty.

05/15/1974

https://www.presidency.ucsb.edu...

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