10/01/1965
https://www.presidency.ucsb.edu...
"We proposed to reduce the expenditures by $3 billion."
"We have been working this afternoon on the details of the deferments and the withholding that we indicated to Chairman Mills and others back in September."
"This just carries out a commitment that we have made at the time."
"We have impounded, or withheld, $750 million."