US Presidency
1966

Total spending in the administrative budget will be $ 112.8 billion. Revenues next year will be $ 111 billion. On a cash basis, which is the way that you and I keep our family budget, the federal budget next year will actually show a surplus. That is to say, if we include all the money that your government will take in and all the money that your government will spend, your government next year will collect one-half billion dollars more than it will spend in the year 1967. I have not come here tonight to ask for pleasant luxuries or for idle pleasures. I have come here to recommend that you, the representatives of the richest nation on earth, you, the elected servants of a people who live in abundance unmatched on this globe, you bring the most urgent decencies of life to all of your fellow Americans. There are men who cry out: We must sacrifice. Well, let us rather ask them: Who will they sacrifice?