05/18/1949
https://www.presidency.ucsb.edu...
"The policies on which this budget is based, therefore, mean that under present conditions of high costs, it is even more realistic and hard boiled than the 1948 budget was."
"That is the simplest approach we could find to it, and was recommended by the Economic Advisers as the most satisfactory way of relieving the cost of living to the small taxpayer."
"The decision is that we will eventually go ahead with the merchant marine program."
"It does. Yes."