Richard Nixon: “I am taking this position for two primary reasons.”

Two weeks ago, I vowed to the American people that any appropriations bill substantially above my budget for fiscal year 1975 would be vetoed.

It is essential that we move ahead to revitalize the global trading system through multilateral negotiations.

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

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