Lyndon Johnson actually said...

"I think we are going to have a tax increase."

"It makes it very evident to me that those who are determined to preserve the soundness of the dollar and our entire fiscal situation--that direct, additional actions are necessary in this field."

"It is pretty difficult to estimate a quarter of a billion here where we may fall short and a quarter of a billion we might exceed."

"We still have the best record of any industrial country in the world."