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But she was all unconscious of the impression she was making. Although the affair was not to be over until twelve, the boys had not filled out the girls' programs for the last dances. So, in accordance with Mrs. Wilkinson's wishes, they started for home in the machine by half eleven.
Consequently, even as we continue our programs of military assistance, we must emphasize aid to our friends in building more productive economies and in better satisfying the natural demands of their people for progress. Thereby we shall move a long way toward a peaceful world.
"This is all good material for an argument on our financial standing," he said, "but if you're taking yourselves seriously, let me tell you something before you go any farther. Buying a camera is only a starter. Besides, I wouldn't play with little stuff and compete with these big, established companies releasing on regular programs.
But the most important thing we can do is to reaffirm that control of our schools belongs to the States, local communities and, most of all, to the parents and teachers. My friends, some years ago, the Federal Government declared war on poverty, and poverty won. Today the Federal Government has 59 major welfare programs and spends more than $100 billion a year on them.
We have cut the war program to the maximum extent consistent with national security. We have held our peacetime programs to the level necessary to our national well-being and the attainment of our postwar objectives. Where increased programs have been recommended, the increases have been held as low as is consistent with these goals. I can assure the Congress of the necessity of these programs.
To bring clear purpose and orderly procedure into this field, I anticipate a thorough study of the proper relationship among Federal, State, and local programs.
And seventh, we must get the federal deficit under control. We now have in law, enforcable spending caps, and a requirement that we pay for the programs we create. There are those in Congress who would ease that discipline now. But I cannot let them do it. And I won't.
The so-called "aftermath of war" expenditures account for a further 30 percent of the total. The total of all other programs, which was drastically cut during the war, is increasing again as liquidation of the war program proceeds and renewed emphasis is placed on the peacetime objectives of the Government. On the other side of the ledger, net receipts are estimated at 31.5 billion dollars.
The forecast presented by the outgoing administration with the fiscal year 1954 budget indicates that before the end of the fiscal year and at the peak of demand for payments during the year the total Government debt may approach and even exceed that limit. Unless budgeted deficits are checked, the momentum of past programs will force an increase of the statutory debt limit.
I should also like to give special thanks for the devoted service of my associates in the Executive Branch and the hundreds of thousands of career employees who have implemented our diverse government programs. My second purpose is to review briefly the record of these past eight years in the hope that, out of the sum of these experiences, lessons will emerge that are useful to our Nation.
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