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Updated: June 23, 2025


Accordingly, I ask Congress to grant limited authority to make longer-term commitments for assistance to such projects, to be fulfilled from appropriations to be made in future fiscal years. These various steps will powerfully strengthen the economic foundation of our foreign policy.

It is clear that too great a part of the national debt comes due in too short a time. The Department of the Treasury will undertake at suitable times a program of extending part of the debt over longer periods and gradually placing greater amounts in the hands of longer-term investors. Third.

Accordingly, I ask Congress to grant limited authority to make longer-term commitments for assistance to such projects, to be fulfilled from appropriations to be made in future fiscal years. These various steps will powerfully strengthen the economic foundation of our foreign policy.

It is clear that too great a part of the national debt comes due in too short a time. The Department of the Treasury will undertake at suitable times a program of extending part of the debt over longer periods and gradually placing greater amounts in the hands of longer-term investors. Third.

Its longer-term spiritual effect, tragically, was to pervert to the service of its own amoral agenda the legitimate yearnings for freedom and justice of subject peoples throughout the world.

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