The more permanent program expenditure reductions are necessary if we are not to embark on a course of future spending that will be highly inflationary.
Gerald Ford: “The more permanent program expenditure reductions are necessary if we are not to embark on a course of future spending…”
On the recordJanuary 31, 1975
Source
presidency.ucsb.eduEditor's note · Context
Remarks at a News Briefing on the Fiscal Year 1976 Budget
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