Richard Nixon: “Keep America's ideals strong.”

I firmly believe that our current fiscal situation demands national unanimity on the issues of a larger concern.

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

Further study is essential if we are to avoid ineffective Federal spending for these purposes.

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.