Harry Truman actually said...

The excess profits tax was a retroactive tax—December 1st or first of the year, if I remember correctly.

The President's News Conference on the Budget

01/12/1951

More Harry Truman Quotes

The reports and recommendations of the Committee shall be submitted to the several departments and agencies or to the President as may be ap...

The Chairman of the Committee shall be designated annually by the President.

Federal agencies, to the extent permitted by law, are requested to furnish the Committee assistance and such information relating to their a...

The great heart of the American people has been moved to compassion by the needs of those in other lands who are cold and hungry.