Lyndon Johnson actually said...

The cost of administering your programs--the social security programs--is only 2.2 percent out of each dollar of social security contributions.

Remarks at the Social Security Administration Headquarters in Baltimore

10/11/1966

More Lyndon Johnson Quotes

The resources of the oceans can help us meet many of the challenges that face our nation and the world today.

As of this time, I would see no reason why we should change the recommendations we made in our State of the Union Message.

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The plan I forward today will promote efficient operation of the Tariff Commission by:--Centralizing and consolidating in a single executive...