John Kennedy actually said...

"A flat statutory limitation on the amount which can be paid for overhead or indirect costs is undesirable for the following reasons:"

"I do not believe that the Congress intended that this burden be placed on the colleges and universities."

"Well, as we have said, there is no evidence that the Billie Sol Estes fraud has cost the United States Government any money."

"Well, we are not, as you know, removing the grain immediately."