This reduction--more than double the amount that I recommended in January--is possible and desirable because Federal tax revenues, responding, we think, very strongly to our expanding economy, are now expected to be about $1 1/2 billion higher both in fiscal 1965 and fiscal 1966 than we estimated only last January.
Remarks Upon Announcing Plans To Recommend a Reduction in Excise Taxes.
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Men like this have seen our country through every crisis that has ever confronted our Nation.
It is very hard to believe any announcement of political intentions these days.
Their presence symbolizes a confluence of civilizations--the gathering together of talents and dreams from many nations.
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