Franklin Roosevelt actually said...

"Of course, frankly, I say to them, 'Well, what do you think?'"

"It is apparent at this time that the revenues of the Government for the present fiscal year will be materially less than the amount estimated in my budget message of last January."

"the deficit will be far greater than was anticipated unless there is an immediate curtailment of expenditures."

"You will carefully examine the status of appropriations for your activities with a view to making a substantial saving by eliminating or deferring all expenditures which are not absolutely necessary a..."