Franklin Roosevelt actually said...
the percentage of reduction applicable under section 2 (b), in determining the compensation of officers and employees to be paid during the period from January 1, 1934, to June 30, 1934, inclusive, is 15 per centum.
Context
Executive Order 6553—Announcing the Index Figures for the Cost of Living for the 6 Months' Periods Ending June 30, 1928...
01/08/1934