07/01/1952
https://www.presidency.ucsb.edu...
"The country is stronger economically than it has ever been before."
"I believe in operating the Government's finances on a sound basis."
"But the main point I want to make is that, although the Federal expenditures are very large, they are all made for purposes that are necessary to our national welfare; and our budget is as tight and s..."
"We can't repudiate the signed obligations of the Government of the United States, and we don't intend to."