Jimmy Carter actually said...

This means that for the fiscal year which began on October 1, 1977, and which will end on September 30, 1978, new commitments... will not ex...

We do not own the Panama Canal Zone. We have never had sovereignty over it.

I want to emphasize that the restraint policy I announced on May 19, 1977, was not aimed exclusively at the volume of arms transfers.

The most important reason—the only reason—to ratify the treaties is that they are in the highest national interest of the United States.