Harry Truman actually said...

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

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

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

The time for tax reduction will come when general inflationary pressures have ceased and the structure of prices is on a more stable basis t...