Harry Truman actually said...

To maintain the integrity of the public debt, we must now reduce it by substantial amounts.

A good tax reduction bill would give a greater proportion of relief to the low income group.

In the face of these facts, common prudence demands a realistic and conservative management of the fiscal affairs of the Government.

A time of high employment and high prices, wages, and profits, such as the present, calls for a surplus in Government revenue over expenditu...