Calvin Coolidge actually said...

"It means that we shall have to prune somewhat."

"My statement was correct, and I think a careful reading of what the Treasury was said to have given out would have revealed that there was no conflict between what I said and what the Treasury said."

"If Congress goes ahead and appropriates more money than there is in the Treasury, and makes it necessary to put in a bill increasing taxes, it won't encourage the business of the country."

"Certainly not next year."