08/31/1977
https://www.presidency.ucsb.edu...
"I herewith report two proposals to rescind a total of $122.2 million in budget authority previously provided by the Congress."
"I'm very pleased with this budget."
"This budget encompasses a heavy commitment to research and development."
"Existing restrictions on commercial exploration and development of oil and gas resources would be lifted in favor of an environmentally responsible leasing program."