Lyndon Johnson actually said...

"I assure them, all present this morning including the regulatory agencies, and the people of this country, that the executive branch of the Government is going to take whatever action it can in an att..."

"We have an enforcement arm."

"I am pleased to ask you to come here to be with us today when we put into the hands of the Federal Government a new weapon to preserve the strength of our economy."

"We have pledged to do our part by reducing low-priority Federal spending."