The President's News Conference
04/01/1976
https://www.presidency.ucsb.edu...
Our military forces, when you consider the Army, the Navy, the Air Force, and the Marines, are unsurpassed by any foreign government.
It is a great, great evening, and I am delighted to come here at the conclusion of 2 wonderful days.
We decided that we weren't going to panic.
We have saved the taxpayers $13 billion.