On the recordJanuary 17, 1962
To plan a deficit under such circumstances would increase the risk of inflationary pressures, damaging alike to our domestic economy and to our international balance of payments.
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presidency.ucsb.eduJohn Fitzgerald Kennedy: “To plan a deficit under such circumstances would increase the risk of inflationary pressures, damaging alike to our…”
Editor's note · Context
Annual Budget Message to the Congress, Fiscal Year 1963.
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