Harry Truman actually said...

Nothing herein shall be construed to authorize any contracts in violation of existing law relating to limitation of profits, or the payment of a fee in excess of such limitation as may be specifically set forth in the act appropriating the funds or granting the contract authorization obligated by a contract

Context

Executive Order 10210—Authorizing the Department of Defense and the Department of Commerce to Exercise the Functions and...

02/01/1951

https://www.presidency.ucsb.edu...

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