10/19/1954
https://www.presidency.ucsb.edu...
"This budget continues the progress that has been made during the past year in reducing both requests for new appropriations and Government expenditures."
"We must restore conditions which will permit traditional American initiative and production genius to push on to ever higher standards of living and employment."
"The reductions in expenditures already accomplished, together with those now proposed, justify the tax reductions which took effect January 1 and the further tax revisions I am recommending."
"This order shall become effective at the close of business on December 31, 1953."