Calvin Coolidge actually said...

It doubled the appropriation that I proposed for the Shipping Board and I think added $6,000,000 or $8,000,000 to the Army bill, and it is true that if it goes on at that rate there won't be any surplus with which to meet tax reduction.

Context

Excerpts of the President's News Conference

02/16/1928

https://www.presidency.ucsb.edu...

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