09/09/1951
https://www.presidency.ucsb.edu...
"Without new revenue legislation, the deficit for the year will be in the neighborhood of 10 billion dollars."
"Yes. When you are in the position to enforce those agreements, they will be kept. That is the reason for the defense program."
"His name hasn't come up to me."
"For the 5 years that I have been President, there has been a net surplus of $8 billion. That is not deficit financing."