On the recordJanuary 21, 1971
The tide of inflation has turned.
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presidency.ucsb.eduThe tide of inflation has turned.
Annual Message to the Congress on the State of the Union.
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I am firmly convinced that the record, in its entirety, does not justify the extreme step of impeachment and removal of a President.
This was a serious act of omission for which I take full responsibility and which I deeply regret.
Two weeks ago, I vowed to the American people that any appropriations bill substantially above my budget for fiscal year 1975 would be vetoed.
I invite the Governors of the States and of the Commonwealth of Puerto Rico and other officials at the local level to issue similar proclamations.