Gerald Ford actually said...

the rescission bill passed by the 93rd Congress last December did not support rescission of more than $540 million of budget authority

Memorandum on Budget Rescissions and Deferrals

03/11/1975

More Gerald Ford Quotes

This legislation will assure that no community is prevented from participating in the municipal clean water campaign solely because of short...

There is absolutely no validity whatsoever to that rumor.

I resent the inference of that.

I would not tolerate an Arab oil embargo.